Turn Key Large Gym Voted #1 in Area

$279,999

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10-year-old successful 15,000 sqft gym recently voted Number 1 gym in the area is for sale. New owners bought the gym 3 years ago. With A $60,000 remodel and rebranding this is a turn-key situation. Fully staffed, with a fresh remodel makes this a rare opportunity. Featuring only the best equipment, this gym is packed with everything from Treadmills, Ellipticals, Free Weights, fitness classes, personal training, jacuzzi, tanning beds a smoothie bar and so much more. This is genuinely a turn-key operation and ready for a new owner!

Asking Price: $279,999

Real Estate:    Also Available for $2,500,000

Annual Sales: $595,000

Cash Flow: $ 97,000

Business Location: ,Coryell County, Texas

Describe the location: In a shopping center

Active Members: 1050-1350

Average Dues: $30-$60 per month

Facility Sq Feet: 14,500

Year Established: 2009

Employees: 20

Seller Financing Available: Yes 7 years 5%

About the Competition: The local YMCA recently shut down. Golds Gym and Anytime Fitness are the only competition remaining in the area making this gym an attractive option for residents.

Growth Expansion: Added 24-hour access with keycard 2 years ago, and started charging yearly maintenance fees $37 per new contract a year ago. There is a strong local population so this gym is positioned for growth

Support Training: Yes, 30 days

Reason For Selling: The owners recently fell into 2 additional new businesses and don’t have time to focus on this business. It is a great opportunity for a new owner.

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Listing ID: 8635e346c230776d

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