Personal Training Studio in Busy Shopping Plaza

Middlesex County, MA

Personal Training Studio in Busy Shopping Plaza

Asking Price:$220,000

Cash Flow:$100,000

Gross Revenue:$415,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2011

Personal Training Studio in Busy Shopping Plaza

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Business Description

A highly profitable personal training studio in Middlesex County, north of Boston, is available for sale. This studio is well-established and one of the top in the area and currently generates approximately $100,000 to an owner working only 20-25 hours per week. An owner/manager working 50+ hours per week could net over $155,000 yearly. This studio has 175 dedicated members, many whom have been training there for several years.

The studio offers small-group, personal training in a private, upscale space. Services include weight training, cardiovascular exercise, comprehensive nutrition counseling, motivation and support. Their results-oriented model provides a highly effective mechanism for dramatic weight loss. This has created customer loyalty and resulted in significant customer referrals and a high client retention rate. The business also does extensive marketing and advertising to drive in new business.

A buyer does not need to provide any personal training services themselves or have experience in that area, and the studio can be run passively or as an active owner/manager. A buyer should have business or sales and marketing experience and a passion for helping people transform their lives through exercise and personal health. This is an operation with low overhead and a simple management structure

Detailed Information

Employees:
2 FT / 1 PT
Facilities:
This studio is located in a very popular and busy shopping plaza that has a large parking lot with plenty of parking. The landlord will negotiate a new lease with a buyer at similar terms. The space has a front desk/waiting area, large cardio and weight-training area, manager’s office, large second office, two bathrooms and a storage area. The sale price includes all of the equipment used in the business and inventory on hand. All of the equipment is in excellent condition and owned outright, and no major capital expenditures are expected in the near future. There is no credit for prepaid contracts.
Growth & Expansion:
There are many opportunities for growth with additional advertising and marketing efforts, internal promotions, and expanded hours. A great acquisition for a buyer with business and sales skills who wants to take the business to the next level.
Support & Training:
The seller will provide necessary support and training.
Reason for Selling:
To focus on other business interests

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Sarah Grossman

Business Listed By:
Sarah Grossman

BayState Business Brokers

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Sponsoring Broker:
Marc Gudema, CBI

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