For sale is a personal training studio / gym in the Cincinnati area. It is located in a very wealthy demographic and caters to high end clients. The gym has been open for 15+ years, although my wife and I have only owned for 2 of those years. The gym is currently break-even, but is run more or less absentee by us. We spend approximately 1 hour per week each on the gym. The trainers are independent contractors... 3 of which have been with the gym for about 10 years and 2 of which have been there for about 2 years.
With some marketing this gym can be returned to it's former glory (at one point it did over 250k / yr). There is 20-30k of equipment in a very nice (leased) space that has a bathroom / shower, a massage room, a lobby, changing room, office, and around 1,800 square feet of gym space. They gym shares a parking lot with an insurance agent and a bakery.
Equipment in the gym includes very high end commercial treadmills, ellipticals, rowing machine, stationary bikes, squat rack, leg press, smith machine, dumbbells, functional trainer / cross-over machine, medicine balls, free weights / barbells, curl bars, bosu balls, and much more.
Asking Price $55,000
Sales Between $50,000 and $100,000
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