Established Gym & Fitness Center - Philadelphia's Premier Multi-Purpose Facility
This well-established fitness center has been serving the Philadelphia community since 1984, building a loyal customer base over nearly four decades of operation. Located in the Juniata Park area, this comprehensive 17,000 square foot facility operates as a full-service neighborhood gym with exceptional amenities and programming.
Facility Features & Amenities:
• Complete swimming pool with sauna and whirlpool
• Extensive free weight and strength training equipment
• Full cardio section with treadmills, bikes, and ellipticals
• Group fitness programming including aerobic classes and Zumba
• Personal training and cardio conditioning services
• Specialized programs for seniors and children
• On-site childcare services
• Tae Kwon Do classes for kids
• Open 7 days per week
Financial Performance:
The business generates strong annual revenue of $850,000 with healthy cash flow of $300,000 in seller's discretionary earnings. This represents a solid 35% cash flow margin, demonstrating efficient operations and strong profitability in the competitive fitness market.
Operational Structure:
The facility employs 11 staff members and operates under a lease agreement through December 31, 2028, at $15,000 monthly rent. The business includes $450,000 in fixtures, furniture, and equipment, plus $1,500 in inventory value.
Growth Opportunity:
With nearly 40 years of established operations, this turnkey fitness center offers an exceptional opportunity for an operator looking to acquire a profitable, well-equipped facility with a proven track record. The comprehensive amenity package and diverse programming appeal to a broad demographic, from serious fitness enthusiasts to families and seniors.
The current owner, after 46 years in the fitness industry, is ready to pass this successful operation to the next generation of gym operators.
Asking Price: $1,050,000
Ad#:2389476
