MergerPlace

Well Established and Profitable Fitness

Oklahoma (Oklahoma)


  • Asking Price: $188,000
  • Gross Income: $282,395
  • Cash Flow: $70,599
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $90,000
  • Listing ID: #218002
  • Established: 1985
  • Employees: 2 FT/3 PT

Business Description

This is the time of the year to buy a fitness studio as people move indoors for their fitness needs and then there are those New Year resolutions. To start a new club like this would cost a minimum of $200,000. This is a fantastic deal to purchase a business with consistent revenue from day one. This business could also be absentee run and the business provides small group personal training for women. Currently the Fitness Center has 300 members which is an increase from the previous year and with an average renewal rate of 75%. This profitable independent fitness center for women is available for acquisition. This is a friendly and welcoming environment which offers a diverse array of classes and services. Whether ladies are interested in pool time, yoga, personal training, boot camps, using cardio machines and weights on their own time or booking a private party...there's something for every person...whether they are age 18 or 70.


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: Oklahoma
County: Oklahoma

Company Information

Year Established: 1985
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT/3 PT

Financial Information

Asking Price: $188,000
Gross Revenue: $282,395
Cash Flow: $70,599
FF&E: $90,000
Seller Financing Available: No

Property Information

Facilities:

This prime location with plenty of on-site parking is well-maintained with 12,000 SF and is super clean. The club is located in a strip center in a very heavily trafficked area near a major corner intersection in a very upscale area of NW OKC. The business is a full service Fitness center which offers: daycare while training, tanning, tanning, locker rooms, showers, sauna, a pool and even Belly Dancing classes.

Growth & expansion opportunities:

The growth opportunities are endless. A new owner can do more outreach into community to increase membership, as well more social media marketing. The Owner has built the Club to over 300 loyal members (many who pay by ACH and Insurance). Many current members are auto billed through ACH.

Competition:

There are no competitors that compete with this niche market business.This is the only full service club women centered fitness center in the marketplace. The business is uniquely focused on women only. This established gym offers high Intensity Interval Training in 30 minute increments for busy women wanting to prioritize fitness. The facility also provides supervised childcare while mom gets her workout in.

Reason for selling:

The Owner wants to spend more time with family and has other business interest. No special license is required to own and operate this business.

Support & Training:

Will train for 2 weeks @ no cost. No special license is required to own and operate this business.

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Business Listed By:

Geary welch

Murphy Business Brokers