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Thriving Fitness Business in DC

Washington, DC (District of Columbia County)

Seller Financing Available
Thriving Fitness Business in DC
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Asking Price: $180,000

Cash Flow: $105,000

Gross Revenue: $214,000

EBITDA: N/A

FF&E: $15,000

Inventory: N/A

Rent: $6,344 /Month

Established: 2009

Thriving Fitness Business in DC

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Business Description

Great opportunity to own a well-known fitness studio in Washington, DC. The business provides personalized training classes, semi-private fitness instruction, nutrition plans, and a variety of related services to a loyal clientele. The owner prides himself on providing customized regimens to clients that cover nutrition and general wellness in addition to exercise and training plans. Every new client receives a comprehensive evaluation to assess their current fitness levels and go over their goals.

The business is conveniently located on a main thoroughfare in close proximity to the Georgetown, Foxhall, Glover Park, and Palisades neighborhoods. There is also significant foot traffic with a large number of clients able to walk to the studio for classes. The current space is being underutilized which provides easy room for growth and expansion!

Detailed Information

Location:
Washington, DC
Real Estate:
Leased
Building SF:
3,800
Lease Expiration:
5/31/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business has a bright and inviting atmosphere with high ceilings. It's situated on a major thoroughfare in an established and affluent part of the city. The 3800 square foot space is leased for $6344/month including NNN with two years remaining on the lease.
Competition:
There is standard competition for the market and industry.
Growth & Expansion:
There is room for growth and expansion as only a portion of the building space is being actively used. A new owner might also add more trainers into the mix and increase the number of classes offered.
Financing:
Available based on the final purchase price, terms, and qualifications of the buyer.
Support & Training:
Seller will provide necessary training and support.
Reason for Selling:
Owner would like to pursue other business interests.
Business Website:
http://www.horizonbrokers.com
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(from currently available funds)
 
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Jody Bell

Business Listed By:
Jody Bishop Bell

Horizon Business Brokers, LLC

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Sponsoring Broker:
Dustin Zeher, CBI

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