This non-traditional fitness gym offers personal training and boot camp services at an affordable price. The business is located in a brand new 2,600 sq. ft. facility with a favourable lease agreement in place till January 2025. There is a renewal option for an additional ten years. The fitness facility is fully equipped with brand new equipment currently valued at approximately $120,000. There is huge potential for growth with annual revenues expected to surpass $300,000 by 2018.
This turn-key operation opportunity is ideal for a smaller fitness franchise looking to expand or an entrepreneurial individual with interest in the industry. This is the owner’s second fitness facility, with a similar concept business operating in a neighbouring region under the same name. As such, this is ideal for someone who wishes to purchase the client list and facility and re-brand the business.
The facility caters to individuals of all ages, however a large portion of customers are between the ages of 31 to 50. Clients tend to be loyal and usually consistently remain with the business for between 8 to 12 months. The owner has found online marketing through e-mail campaigns and social media to be beneficial when acquiring new clients. The facility is located in a growing community that is becoming more involved with
The business can be purchased for $20,000 cash down with the balance financed over 10 months with monthly payments of $15,000 towards the current owner’s small business loan. Loan to be assumed by purchaser.
Asking price: $20,000
Maintainable revenue: $198,800
Maintainable normalized earnings: $31,000
FF&E (book value): $120,000
Asking Price $20,000
You May Also Like
Spa & Hammam For Sale #466169 posted Apr 6, 2017
- Edmonton, Alberta, Canada
- $216,093 ($295,000 CAD)
Great Opportunity to own a Hammam & Spa specializing in a wide range of wellness, rejuvenation and beauty therapies within a luxurious spa setting, soothing music, blissful happiness and total relaxation. Conveniently located on a very busy street in a strip mall on South Side Of Edmonton. Over 10...
Established Yoga Studio #466347 posted Apr 11, 2017
- Alberta, Canada
- $47,613 ($65,000 CAD)
A 3747 sq. ft. well-established yoga studio is located in a beautiful setting that oversees major shopping center, theaters, restaurants, and cafe and book stores providing high foot traffic.The studio has two large yoga rooms providing both hot and non-heated yoga, specialty workshops, prenatal yoga...
Mineral Spa for Women and Men #334319 posted Jun 24, 2013
- British Columbia, Canada
- Between $100,000 and $500,000
Full spa treatments for men and women to include facials, message, foot care, hand care, body treatments, waxing, tinting and RMT.
Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.