Full Service Gym With No Competition

  • 199,999
  • NC

Own this huge gym with a strong following, great reputation, and recurring revenue.

With approximately 1,000 monthly memberships plus additional revenue from tanning, product sales, and room rental, this gym has been run absentee for years.

With no competition for approximately 30 miles and nothing close for diversity of services offered, this gym comes fully equipped with a furniture, fixture, and equipment value that matches the sale price. A buyer couldn’t start a gym for the cost of this gym, much less walk into the cash flow and reputation of this facility.

dumbbells on a rack

DETAILED INFORMATION

Cash Flow Gross Revenue EBITDA FF&E Inventory Rent Established
$70,000
$300,000
N/A
$200,000
$1,000
$5,500/mo
2013

Real Estate: Leased
Building SF: 17,000
Lease Expiration: 7/31/2020
Employees: 7
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Expansive and recently upfit facility with large open gym floor plus separate spaces for martial arts, aerobics, tanning, childcare, management, crossfit, and locker rooms.
Competition: No competitors like this gym for 30 miles
Support & Training: Two weeks training included in sale price.
Reason for Selling: Relocation

neal isaacs vr business brokers of the triangle
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