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Well Known Adult Strength & Conditioning and Sports Performance Gym

Ashburn, VA (Loudoun County)

Well Known Adult Strength & Conditioning and Sports Performance Gym
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Asking Price: $200,000

Cash Flow: $40,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000

Rent: $108,000 /Month

Established: 2009

Well Known Adult Strength & Conditioning and Sports Performance Gym

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Business Description

Unique gym serving Loudoun's rapidly growing adult/athlete population

This business is uniquely positioned to serve both the adult general fitness population, as well as the rapidly growing sports performance market in Loudoun County. We are one of the only small fitness facilities equipped with the space, trainers & staff (if desired), methodology, back office systems, membership base, brand awareness and reputation for a turnkey purchase.

The business was founded in 2009 from the "ground up" by two business executives with a strong passion for health and fitness. They have since built the business into a premier facility for adults and youth athletes, with a unique focus as a training-based facility with progressive, results-based workouts and long-term solutions for better health. In addition to its adult general fitness offering, the business has a very strong reputation in the growing youth sports performance market and is an established partner with many of the area's sports clubs, travel teams and high school athletic departments. The company rounds out its services with nutrition coaching, private training and corporate wellness solutions for area businesses. The business currently has nearly 1,000 members in its database and trains 200 active clients.

Detailed Information

Location:
Ashburn, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
4/30/2018
Employees:
5
Facilities:
Facility has all the benefits of warehouse space but with the professional build-out of a higher-end facility. The 6,000-square foot facility includes: 2 separate workout areas (2,600 square-foot room with 1/2 turf and reinforced wall for power exercises and a 1,500 square-foot room) with professional grade, low impact fitness flooring and garage doors that open to usable outdoor space; ceiling fans & upgraded lights throughout; HVAC; professional lobby wired for Internet; designated meeting room/office; separate mens/ladies rooms, each with 2 showers.
Competition:
Loudoun County remains one of the fastest growing counties in the country. The business is very centrally located in Ashburn, VA, one of the nation's wealthiest suburbs, where families spend money with relative ease on multiple fitness options for both themselves and their children. There is one strength training gym in the nearby vicinity; several "boutique" studios catering to specific demographics farther out; and 3 "big box gyms" that do not typically compete for our clientele who are looking for a more personalized fitness experience..
Growth & Expansion:
Business has great potential for growth with additional class times and trainers (and associated cost savings if new owner can take on more training responsibilities than current owners are able to commit to). With its strong foothold in the youth athletic community, the business's sports performance side could grow, with more grassroots marketing and bringing on additional trainers who could coach at area school's as well as on site. The facility is currently underutilized during mid-day hours and would benefit from a creative approach on this front.
Support & Training:
Owners will offer training and support if needed.
Reason for Selling:
Owners are pursuing new business opportunities.
Business Website:
http://blackbenchfit.com
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Business Listed By:
Tricia Drennan

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