Fitness Center - New State-of-the-Art Equipment

Barnstable County, MA

Seller Financing Available
Fitness Center - New State-of-the-Art Equipment

Asking Price:$429,000

Cash Flow:$140,000

Gross Revenue:$389,000




Rate/Sq. Ft.:$9.60


Fitness Center - New State-of-the-Art Equipment

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Business Description

Located on Cape Cod, this fitness facility is a premier 24/7 fitness center. It is a Co-Ed Center with contracted memberships. In addition to the exercise equipment, the Center offers group classes, personal training and group personal training sessions. There is a full array of strength training and cardiovascular equipment. The Center consists of about 7,500 square feet. The premises are leased. The monthly NNN rent is about $6,000. There are two years remaining on the current lease and there are two renewal options of three years each. The fitness center dates back to the 1990’s. There are about 1,000 members. The Club is exceptionally well maintained the equipment (much of which is new) is in excellent condition. The facility is accessible to member 24 hours per day. Members gain after-hours access though a bar-coded membership card. The Center has averaged sales of about $390,000 and owner’s earnings of around $140,000. The business along with the leasehold improvements, memberships, member and prospect database, social media, marketing materials, exercise and fitness equipment, furnishings, fixtures, trade name and goodwill and equipment is offered at $429,000. Owner orientation and training is included.
The company also has a Women’s Only location available in a nearby town. It consists of 10,000 square feet filled with state of the art strength training and cardiovascular equipment plus a day spa. Contact us for additional information for this site. The two facilities can each be purchased separately or may be purchased together for a unit price.

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Some financing may be available for qualified buyers
Support & Training:
Seller will provide transitional orientation and training
Reason for Selling:

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Craig Campbell

Business Listed By:
Craig Campbell

Cape Cod Business Brokers

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Sponsoring Broker:
Jim Vaccaro

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