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Southern MN Gym For Sale

Not Disclosed, Minnesota, US
Asking Price:
$2,200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$871,648
Cash Flow:
$354,564

For sale is a premier gym located in Southern Minnesota. This turn-key business comes complete with a loyal and established clientele and brand along with the privilege of being a staple in its community.

With an established workforce and part time owners, this business is well suited for various types of buyers.

The real estate along with all assets needed to run the operation are included in the asking price.

Property Information

Real Estate:

Real Property Included

Premises Details:

The real estate is built for the purposes of the gym and suites the needs of the gym perfectly. The real estate is included in the asking price.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There are many avenues for growth with this business including: 1) increasing individual and group programming opportunities, 2) dedicate more resources to membership sales, 3) increase hours open to the public, and 4) focus on more retail sales, among many other options.

Competition / Market:

This business is unique in its offerings to the public and fills a niche space in the gym genre.

Reasons for selling:

Seller has other interests.

Trading hours:

Monday-Sunday 10am-10pm

Employees:
2 FT/45 PT
Years established:
10

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$228K down/$220K over 120 mos. @ 8%/Other Financing.

Furniture / Fixtures value:
$550,000 - included in the asking price
Inventory / Stock value:
$40,000 - included in the asking price