This fitness center is turnkey and profitable. Located on the emerald coast in the Florida Panhandle, it is well established with recurring monthly revenue, 95% of which is on auto-draft. There is a general manager and well-trained staff. In a great location, this is an opportunity to own a very profitable business and live on the beautiful gulf coast.
- Asking Price:
- $95,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $525,250
- Cash Flow:
- $40,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Favorable lease is assignable
- Location:
-
Located in a heavily populated upscale part of the city.
- Premises Details:
-
Recently remodeled and expanded to 7,900 sq. ft. consisting of large open cardio/fitness/weight area and locked rooms. Facility & equipment are in good condition. A favorable long-term lease is assignable.
Business Operation
- Expansion Potential:
-
Fitness industry in 2025 has strong momentum, as health club memberships grew 6% year-over-year and 91% of operators expect continued revenue gains.
- Reasons for selling:
-
Lack of direct/daily owner participation makes it challenging to attain maximum performance.
- Employees:
- 10 Full-Time and 8 Part-Time
- Years established:
- 10 years
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Managing owner will provide 15 days of training to ensure a smooth transition at no charge
- Financing available:
-
Seller will provide financing with substantial down payment at favorable terms below market interest rate
- Furniture / Fixtures value:
- $60,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
