This is a great opportunity to own a 5-Star Fitness Center in the Downriver Area. Established in 2020, this 4,200 sq. ft. facility is growing at a steady pace with plenty of growth opportunity. All classes are instructor led and the studio has been equipped with infrared, long-wave technology promoting a "burn" of 500-1000 calories during a 1-hour workout. Infrared studies have shown healthy detoxification, quicker recovery, and a continuous 48 hour "after-burn" effect. Everyone’s accomplishments during the workout are made visible via live screens managed with an individual's heart rate monitor. In addition to the instructor led fitness studio, there are individual infrared saunas (short-wave), the infrared heat penetrates tissue, joints, and muscles to relieve anything from minor aches and pains to chronic pain conditions. All equipment is in excellent condition and well maintained. All levels of workouts are available from beginners to advance! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding additional classes, expand the hours, adding a smoothie/protein bar, community involvement and adding an EFT program, you have HUGE potential. This is a turn-key operation only needing a new owner-operator. A must see/must have business. Seller will train and entertain all reasonable offers. Call Armen Nazarian @ or visit
- Asking Price:
- $300,000
- Sales Revenue:
- $300,000
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Location:
-
This is a great opportunity to own a 5-Star Fitness Center in the Downriver Area.
- Premises Details:
-
Established in 2020, this 4,200 sq. ft. facility is growing at a steady pace with plenty of growth opportunity. All classes are instructor led and the studio has been equipped with infrared, long-wave technology promoting a "burn" of 500-1000 calories during a 1-hour workout. Infrared studies have shown healthy detoxification, quicker recovery, and a continuous 48 hour "after-burn" effect. Everyone’s accomplishments during the workout are made visible via live screens managed with an individual's heart rate monitor. In addition to the instructor led fitness studio, there are individual infrared saunas (short-wave), the infrared heat penetrates tissue, joints, and muscles to relieve anything from minor aches and pains to chronic pain conditions. All equipment is in excellent condition and well maintained. All levels of workouts are available from beginners to advance!
- Size in square feet:
- 4,200
Business Operation
- Expansion Potential:
-
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding additional classes, expand the hours, adding a smoothie/protein bar, community involvement and adding an EFT program, you have HUGE potential. This is a turn-key operation only needing a new owner-operator.
- Reasons for selling:
-
Family Responsibilities
- Employees:
- 0 FT / 12 PT
- Years established:
- 3
Other Information
- Support & training:
-
Seller will Train
- Financing available:
-
$300,000 with $150,000 down. 8% int., amortized over 84 months, balloon due in 60 months
