MergerPlace

Thriving Health & Fitness Business

District of Columbia


  • Asking Price: $180,000
  • Gross Income: $214,000
  • Cash Flow: $105,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $15,000
  • Listing ID: #214925
  • Established: 2009
  • Employees: 2

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!


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: District of Columbia

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $180,000
Gross Revenue: $214,000
Cash Flow: $105,000
FF&E: $15,000
Seller Financing Available: Yes

Property Information

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.

Growth & expansion opportunities:

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.

Competition:

There is standard competition for the market and industry.

Reason for selling:

Owner would like to pursue other business interests.

Support & Training:

Seller will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Jody Bell

Horizon Business Brokers, LLC