MergerPlace

Well-Known Personal Training Studio

Maryland (Montgomery)


  • Asking Price: $190,000
  • Gross Income: $291,349
  • Cash Flow: $83,073
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $30,000
  • Listing ID: #200033
  • Established: 2011
  • Employees: 4

Business Description

Great opportunity to own an established personal training franchise located in a growing and affluent part of Montgomery County, MD. The business was founded in 2011 and offers members customized and tailored fitness plans based on a foundation of strength training, cardio conditioning, and balanced nutrition in order to help achieve lasting results. The business has seen substantial year over year growth due to their friendly and knowledgeable staff, bright and inviting studios, prime location, and most importantly…results for their clients!

This location is part of a growing contingent of nationwide studios that has been established for over 30 years. Over that time, the franchise has emerged as one of the industry leaders in the popular personal training market. They are the only training studio to offer their clients fully-equipped, private training rooms. They employ a team of professional personal trainers that know how to challenge and motivate members in a safe and encouraging environment.

This location has an exceptional reputation that’s backed up by stellar reviews on popular platforms like Google, Yelp, Facebook and more. The current ownership has done an excellent job setting this location up for success, so a new owner will be able to grow and expand the operation. The current owner is selling as they own two businesses and would like to focus on one. If you are a personal trainer or in the health and fitness field this is an excellent opportunity to have your own business without the startup headaches!


Business Details

Primary Business Category: Services - Other Services
Location: Maryland
County: Montgomery

Company Information

Year Established: 2011
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $190,000
Gross Revenue: $291,349
Cash Flow: $83,073
FF&E: $30,000
Seller Financing Available: Yes

Property Information

Facilities:

The clean and spacious facility offers the perfect combination of aerobic exercise and strength training equipment. They have fully equipped private and semi-private workout studios for sessions with state of the art equipment that maximizes member time by eliminating common “big gym” distractions or waiting for equipment. The facility currently trains 65 active clients and averages 430 sessions per month in 2017.

Growth & expansion opportunities:

The current owner has done a great job setting the business up for continued success. The business is located off a main thoroughfare in a busy shopping center with lots of drive-by and foot traffic. There are major residential and commercial centers nearby and an active marketing and advertising campaign and hiring/recruiting other trainers to grow the customer base would certainly be worth implementing by a new owner.

Competition:

There are other gyms and fitness centers in the market, but this business has carved out a niche by offering personal training in private studios to allow more effective coaching that’s free from unwanted distractions. Their workouts are more effective as they use the latest technologies to establish goals, monitor progress, and chart successes.

Reason for selling:

Seller owns two locations in Mont. County and would like to focus on just one.

Support & Training:

Franchise provides full training. Seller will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC