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24/7 Fitness Center for Sale

Sugar Hill/Buford, GA (Gwinnett County)

24/7 Fitness Center for Sale

Asking Price: $60,000

Gross Income: $122,113

Cash Flow: N/A

EBITDA: N/A

FF&E: $110,000

Inventory: $1,000

Real Estate: N/A

Established: 2010

Employees: 0

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Business Description

24/7 Keycard access Fitness Center for sale in great location

Fitness is in. 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. The 24/7 fitness opportunity is the newest model of fitness centers today.

Economically, the health club industry has proven to be recession proof, averaging an 8% annual growth rate since the early 1990's.

This 24/7 keycard access fitness center is for sale in a great location. The #1 reason people refrain from joining a gym is because they feel they don't have the time to fit in their workouts. Well, our members love the flexibility of being able to use the gym whenever their schedule permits.

The #2 reason people don't join a gym is because they're typically too far from home and it's a hassle to get there. Well, this facility is surrounded by area subdivisions so being able to draw a full membership from within a 3-mile radius makes it convenient for members.

Be surrounded by others who want to live a healthier lifestyle. With more and more insurance companies looking to reimburse wellness care, the fitness industry is primed for continued growth.

The facility comes complete with all new state of the art Cybex strength training and cardio equipment. Perfect for the absentee owner, the health club is outfitted with surveillance cameras for monitoring and safety. Members love the mirrored walls, mounted televisions and stand up tanning bed. There's also a private office in the back for personal training consultations.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facility comes complete with state-of-the-art Cybex strength training equipment, 5 Cybex treadmills, 4 Cybex Arc Trainers (elliptical machines), and two bikes. Four mounted televisions make workouts more enjoyable for members. Surveillance equipment has been installed to protect the safety of all members. A stand up tanning bed with an attached dressing room is an added bonus for members. The facility also includes two restrooms, a private office, a janitorial room, and storage.
Competition:
The facility is located in a shopping plaza surrounded by quality subdivisions, full of health-minded couples and families.
Growth & Expansion:
Aside from a gym membership, personal training is also offered at this facility.
Support & Training:
Training and support is available through the corporate office of this franchise. Current owners will also provide 40 hours of onsite support as well as phone support for an additional 30 days.
Reason for Selling:
Owners have another business in need of their undivided attention
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Ad#: 631534

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