Sold * Sold * Sold *AWARD WINNING HEALTH CLUB FOR SALE

$1,450,000

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Sold * Sold * Sold

IDEAL OPPORTUNITY FOR AN ABSENTEE OR OWNER OPERATOR WITH THIS THRIVING,  20,000+ sf FULL SERVICE FITNESS CLUB LOCATED IN AN  AFFLUENT AREA OF MD JUST 30 MINUTES FROM D.C. AND/OR BALTIMORE

1800 members and growing. Voted Best Gym in the area in 2016. Experienced staff and well established systems create smooth, easy and profitable operations.

Most of the Equipment is 3 years old or less. 14 Personal Trainers, Private Pilates Studio, Large Group Exercise and Group Training Departments, Women’s Only Gym area, Steam and Sauna, newly renovated locker rooms.  Massage and Physical Therapy.

Asking Price: $1,450,000

Annual Sales: $1,755,000

Cash Flow:  $300,000

Business Location: Convenient, well populated and affluent area in suburbs. Located across from a Mall. Major interstate ½ mile.

Business State: Maryland

Number of Active Members: 1800

Facility Square Feet: 22,000

Year Established: 1990

How many Employees: 6 Core employees + part time

Seller Financing Available: Yes

About the Competition: 1 large club and several small studios

Growth Expansion: Lots of opportunity within an easily accessible 10 mile area

Support Training: yes

Reason for selling: Retiring to the Sunbelt!

Listing ID: 115542afec0b1476

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  •   Maryland