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High Cash Flowing Brand Name Gym and CrossFit Gym Opportunity!

Marion County, IN

High Cash Flowing Brand Name Gym and CrossFit Gym Opportunity!
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Asking Price: $450,000

Cash Flow: $236,993

Gross Revenue: $667,073

EBITDA: N/A

FF&E: $85,000

Inventory: N/A

Established: 2009

High Cash Flowing Brand Name Gym and CrossFit Gym Opportunity!

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Business Description

This is a fantastic opportunity for a first time or current business owner to own adjacent gyms in a highly desired location. Gyms are two separate entities but work as highly complimentary units.

Gym 1 is a well known brand named fitness franchise. This location has turned a fantastic cash flow increase of 63% since 2015. Current membership is at 650 members and opportunity for growth is through the roof. Gym has a proven business model and significant back-end support from franchise headquarters.

Gym 2 is a high-quality crossfit gym located adjacent to gym 1. This crossfit gym has produced an average cash flow of $98k since 2015. Gym 2 places a great focus on using a community environment to drive the greatest physical, mental, and spiritual shape possible among its members.

Both gyms are increasing in members year over year. The two work in tandem to deliver two different fitness experiences with the same end goal. Gym 2's members tend to utilize Gym 1 in complimentary fashion.

The location is perfect. Gym's are the only option in a high-quality township and are visible from main cross streets in the area. The strip mall hosting the two locations also offers a main grocery and other high traffic stores.

Detailed Information

Location:
Marion County, IN
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Gyms are in an excellent location with minimum competition in high-quality Township.
Growth & Expansion:
Franchise gym is ranked high on Entrepreneur's 2018 Franchise 500 list and is projected to continue its steady growth year over year. The brand is well-known and highly recognizable offering convenient and easy access to high-quality gym equipment and facilities. Along with a well-known franchise gym brand, the CrossFit gym offers additional appeal to members looking for more than a standard fitness experience. There are little other options in the fitness industry that match the unique workout of a CrossFit lifestyle. On average, members tend to be higher-end with an annual income of $150k. Specifically, both gyms have grown by 150 members since 2015 alone. A buyer with a passion to grow the business could certainly do so.
Support & Training:
4 weeks
Reason for Selling:
relocating
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Michael Berry

Business Listed By:
Michael Berry

Transworld Business Advisors of Indiana

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