Jan 11, 2018 — Prime location independent fitness center with a unique concept unlike any other typical fitness center is available for acquisition. This low overhead, highly profitable business was originally established over a decade ago in 2005 by the current owner of the business. Competition is expected as this is a large industry, but this business isn't like other typical fitness centers with just equipment and has a built-in training program that will maximize results. Most of the customers are evenly both men and women that live nearby in the densely populated residential neighborhoods as well as apartment complexes that have a monthly membership subscription. Current revenues are running at $95,000/year which can be considerably improved as has there been almost none of owner's involvement in this location and very minimal marketing done except through word of mouth and online coupons. Although some marketing is done by social media outlets and coupons, other marketing tactics needs to be fully utilized to reach the untapped customers within the area and generate more cash flow to grow the business. There are many ways to proactively market this business such as direct mailing, flyers, add more equipment, monthly subscription discounts, referral discounts, expanding current workout training program and hiring additional trainers. Purchasing new equipment and adding personalized workout routines will help attract many more individuals in the area that is looking for a become more active and healthy. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.
Furniture, Fixtures & Equipment: $40,000 (Included in listed price)
Inventory: $500 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2005
Facilities: This business is located in a 2,000 SF retail strip center surrounded by many apartment complexes and densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.Support/Training: The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason Selling: Other Opportunities
Competition: Few competitors are within the immediate market area, but this fitness center has a specialized program that other typical gyms don’t provide.
Growth And Expansion: Some marketing is done through coupons and social media outlets, but other forms of proactive marketing that is available needs to be utilized to generate more cash flow and acquire untapped customers.
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