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This full-service, immaculate fitness club for sale was established in 2001. It has been owner operated by one individual since it's inception, and offers services including: Cardiovascular & Strength equipment, 40+ Group Fitness classes weekly (including Spinning, Boot Camp, Circuit training, Zumba, Barre, Yoga), Personal Training, Fitness Evaluations & Fitness Movement Screens, Massage Therapy, Nutrition Consultations, Child Care and full service locker rooms with showers, steam room, towel service and full amenities. Proprietary software for fitness evaluations is used by all Personal Trainers to create exercise prescriptions and track fitness improvement over time.
This club is a turn-key operation, with all systems in place and reliable staff. Over half of the staff has been employed for 5-15 years. The club has no debt, and has a 4 additional years on the lease as well as two 5-year renewal options. Seller is seeking a buyer with fitness club experience with financial resources to make future improvements to the club.
Further information available upon request, please contact seller below for more details.
Current 5-year NNN lease expiring 9-30-2021. Two 5-year renewal options through 9-30-2031 with predetermined rent increases are also included.
Prime downtown location off main road into town.
11,000 square foot facility, located in a building that contains CVS Pharmacy, Trader Joe's, Pet Smart, as well as Physical Therapy offices, and a high-end outpatient surgery center. Club has unlimited parking, and building is well maintained.
Space is approved for use as a fitness facility.
There currently exists office tenants adjacent to the existing space. Should they vacate, additional 3000-4000 square feet of space could become available for expansion.
There are only a few large fitness clubs in the area that offer full-service facilities. Blink is located 1 town away, but they do not offer classes and their monthly pricing is much lower. YB Fitness is a full-service club located 1 town away, but most members of ours would not consider driving there. Other forms of competition are smaller, boutique yoga studios and spinning clubs, which are not full-service facilities.
As the sole owner, I have been operating this club since opening October 2001. I am ready for a new challenge.
Monday-Thursday 5:30am-10pm; Friday 5:30am-9pm; Saturday 7am-6pm; Sunday 7am-5pm
All facility operations including inventory systems, computer software, website management, marketing and advertising materials, spreadsheet tracking and payroll entry will shared and taught to buyer. All operations are turn-key, and all operations are highly organized.
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