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Dynamic fitness center with open gym, fitness classes and personal training focusing on quality and variety above all else. The club is 15,000 square feet, has 600 members and a monthly eft draft of $30,000. The business was established in January 2015 and recently broke the breakeven point, and would be making a profit without the debt service ($8k-$10k per month).
They have a unique business model that has built a solid client base. Impressive website and marketing which provided 35% growth over prior year.
The only thing holding the business back is the debt. Therefore, a partner/ investor opportunity is also being offered (25% for $250k) as well as a 100% buy-out option where the business will be sold debt free and clear.Detailed Information Location: Clifton Park, NY Real Estate:…
***DETAILS WILL BE GIVEN AFTER AN NDA IS SUBMITTED***
7 year-old CrossFit training gym for sale.
Strong membership (120 memberships currently), all members on Contracts, over $140K in contracts (auto-pays) remaining through to 2021.
Nice 3,000 sqft facility with 3 bathrooms with showers, ample parking. The space is beautiful. We get told by many that "This is the cleanest CrossFit gym I've even been to"... it's true.
Security in your location: 4 years remaining on lease with 5-year option to renew in place.
All equipment in great condition! Maintained well. Used valuation of equipment would be $40K. (I'd cost you almost $100K to purchase it all new)
Gym to be sold debt free.
If you have ever wanted to live and work in a resort community, this is your chance! This amazing club has it all - great location, full workout and cardio equipment, indoor and outdoor pools and a spa. What could be better and working in that environment in a resort community! This little gem of a true health club is the perfect opportunity to live your vacation. With not only strong local membership, this club also caters to the huge annual vacation crowd - offering group classes, full cardio and free weights workout facilities, personal training, group classes and even boxing. And, after your workout - enjoy a relaxing spa treatment without leaving the facility. This facility has the only indoor pool within 25 miles.
While the owners are open to selling the business only, they also own the real estate, including other retail space in the center, and would like to retire and sell the business and income producing real estate together.
No Franchise Fees. No Royalty Fees. Save Thousands.
Be your own boss and own your own health club or gym. We can help a qualified buyer with the opportunity to be their own boss and earn an above average income. The consulting services of Fitness Management & Consulting and proven programs make it easy for you to get started on your path to achieving your dream of starting your own health club.
The Fitness Industry is Growing
The percentage of people belonging to health clubs and gyms has doubled over the past 20 years. More growth is expected, fueled by an aging Baby Boomer generation in search of eternal youth and the reality that regular exercise can prevent or control diseases that are driving health care costs relentlessly upward.
Economically, the health club industry has proven to be recession-proof,…
This fitness facility is an ideal acquisition for a group instructor, first time buyer or anyone seeking an ease of entry into the fitness business. With modern equipment and an attractive lease, this well-run facility offers a loyal member base and plenty of upside.
Asking Price: $225,000
Annual Sales: Available upon NDA
Cash Flow: Available upon NDA
Business Locations: Leadville
Business State: Colorado
Facility Square Feet: 5,000
Year Established: 2009
About the competition: This unique fitness facility stands out from the crowd in member engagement and member satisfaction.
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Reposted from www.abcfinancial.com
Congratulations, you’ve decided you are ready to become a gym owner. The global fitness and health club industry generates more than $80 billion in annual revenue. However, just because the market is great does not mean you should dive into the industry without proper research and planning.
You need to create a plan to ensure you have the proper certifications, a streamlined process to collect membership dues, know how many employees you’ll need to hire and have an automated way to simplify administrative tasks. Ensuring that you have everything you need to run a successful gym is critical before you make that leap. Below we have outlined 5 things to consider before owning a gym:
Let’s start with these simple questions
As with anything that has an upside, there will be risk. You can’t avoid it. However, you can help mitigate this risk with proper planning and preparation and surrounding yourself with industry experts. A place we always like to start by asking ourselves these 2 questions; what am I good at? And where do I struggle? Review the following questions to see where you need some help to improve your business;
· Are you a self-starter? The big failure I see in this area is we become content quickly. We don’t really start to push until the pressure is on. So many gym owners wait and wait, hoping things will change and then it’s too late. I think it was Mark Cuban that said it, “work each day like someone is trying to take it all away from you.