Founded in 2013, the multi-location fitness center offers unique and flexible fitness programs. The Company has grown quickly and currently has over 600 paid members. With flexible program schedules, skilled trainers, and custom top-quality fitness programs, the Company is well-positioned. The gym is part of a growing and well-recognized brand with a global presence.
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The Company has three locations. Each one is located in a high traffic area that attracts generates significant exposure. The locations are leased and 1,050 square feet, 1,350 square feet, and 1,550 square feet in size.
Growth Opportunities Include: (1) Owner-Operator Growth: Current ownership only spends 5 to 8 hours per week on the Company. An owner-operator is much more likely to locate growth areas in the business. (2) Health Trend: The trend toward healthy lifestyles is not slowing down. The Company stands to benefit significantly from continued interest in high quality fitness programs. (3) Expanded Marketing Efforts: The Company has the ability to grow substantially by expanding its current marketing efforts so that it reaches more people to share its unique and high quality programs.
The Company’s investment highlights include: (1) Service Offering: The Company offers a high quality and unique fitness program. (2) Great Brand Value and Recurring Customers: The Company’s brand is well-known and respected. The gym’s member base has exploded to over 600! (3) Fast Growth: The Company grew at a compound annual growth rate of almost 50% over the past couple of years. (4) Well-Equipped: The Gym has $90,000 in equipment and fixtures. (5) Fantastic Locations: Each location is in a high traffic area near shopping centers that draw significant attention from potential customers.
The current owners want to focus on other interests.
Ownership willing to provide reasonable and customary transition assistance.