MergerPlace

Fitness Center

Pennsylvania


  • Asking Price: $125,000
  • Gross Income: $150,356
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $125,000
  • Listing ID: #218390
  • Established: 2012
  • Employees: 17 PT

Business Description

This fitness center offers its clients memberships which include nutritional consults, fitness testing, fitness programs designed for the client and revamped every 10-12 weeks and fitness classes. In addition they offer a multitude of classes and concierge physical therapist that can evaluate acute injuries and prescribe a course of rehab.


Business Details

Primary Business Category: Services - Other Services
Location: Pennsylvania

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 17 PT

Financial Information

Asking Price: $125,000
Gross Revenue: $150,356
FF&E: $125,000
Seller Financing Available: No

Property Information

Facilities:

This clean, well maintained gym is located in an office building and occupies 5633 square feet of space. There is ample parking directly in front of the business and additional overflow parking in a back parking lot. This business is located just off a main artery and is visible from the road and is just a 5 minute drive from numerous housing developments. A new development slated to have 200 homes built in it has started around the corner from its location.

Growth & expansion opportunities:

The gym, health and fitness club industry has benefited over the last 5 years as a result of an improving economy and increased health consciousness. There is potential for growth and some expansion recommended by the current owner would be to expand nutritional products and clothing/accessory lines, hire additional personal trainers and allocate additional funds to media marketing.

Competition:

While there are 4 other fitness centers in the area, this fitness center focuses on being a boutique fitness club with a sense of community and very personalized service which has earned it customer loyalty and favorable testimonials from clients they serve.

Reason for selling:

Owner wants to slow down and relinquish daily management in order to spend more time with family and travel.

Support & Training:

Will train for 2 weeks @ no cost. This full service fitness center offers memberships to its clients that include everything from all fitness classes except for spin, nutritional consultations, fitness testing and personalized fitness programs which are re-evaluated every 10-12 weeks. It also offers mobility, balance and core classes specifically designed for senior members and TRX suspension classes. There is a physical therapist that can evaluate acute injuries and prescribe a course of rehab so an exercise prescription can be devised for the client.

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Business Listed By:

William Ilgenfritz

Murphy Business Brokers