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Successful Fitness Center with Over 2,000 members for Sale

Richmond, VA (Chesterfield County)

Seller Financing Available
Successful Fitness Center with Over 2,000 members for Sale

Asking Price:$325,000

Cash Flow:$55,000

Gross Revenue:$370,000

EBITDA:N/A

FF&E:$225,000

Inventory:N/A

Established:1992

Successful Fitness Center with Over 2,000 members for Sale

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Business Description

This successful fitness center has been in business for over 20 years. Convenient location with great demographics have fueled growth and continued success. This locally owned and operated business presents a compelling opportunity for a buyer to acquire an established business with over 2,000 loyal members, high quality instructors, state-of-the-art facilities and equipment in a desirable location. Books are in order, website is fully developed, SEO is strong, scheduling systems are in place and trainers are excellent. This turnkey business offers an excellent opportunity for an entrepreneur to walk in and immediately take this business to the next level. This is an incredible opportunity to own a vibrant, well-established fitness club.

Detailed Information

Inventory:
Included in asking price
Employees:
2 FT 6 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
State-of-the-Art facilities, outstanding, like new equipment in a desirable location for less capital than building from scratch. Located on a busy main artery that draws a huge amount of traffic daily. This is an incredible opportunity to own a vibrant, well-established fitness club. Books are in order, management and staff are in place, strong social media sites.
Competition:
Sales are increasing and membership is at an all-time high. Competing health clubs cannot match the services and pricing that this club offers. The facility caters to a niche in the industry. There is no direct competition within a 5 mile radius, the target market.
Growth & Expansion:
Membership is growing, yet there is room for further expansion and revenue growth.
Support & Training:
Management will stay in place to help train the new owner. Well run business with written processes and procedures. Owner will stay on for two weeks to ease the transition.
Reason for Selling:
Consolidating business interests

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Michael Mitchell

Business Listed By:
Michael Mitchell

Business Research Group, LLC

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