MergerPlace

24/7 Fitness Center Franchise

Virginia (Loudoun)


  • Asking Price: $120,000
  • Gross Income: $164,738
  • Cash Flow: $62,973
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $25,000
  • Listing ID: #200967
  • Established: 2008
  • Employees: 3

Business Description

If you are a fitness professional or just looking for a great opportunity to own a piece of the over $25 billion fitness industry then this is the opportunity for you! This well-known Fitness Center Franchise has been established since 2008 with a very loyal customer base and solid membership that is looking for a new owner. There are currently approx. 425 recurring active members paying monthly dues with close to 500 paid members. The members love that their memberships are affordable and the convenience of the center in that it can be accessed 24/7 and is staffed at certain times if they need assistance. The Fitness Center is small and easy to manage with the systems the franchise has in place so it is perfect for an owner operator or an absentee owner as it is currently (cash flow claimed is if it was owner operated). With the Franchise support and training the new owner doesn’t have to have direct industry experience, but it would be helpful. The business is in a prime location situated on an end cap in a high traffic center with a major anchor and with no direct competition in the immediate area there is huge growth potential, especially if a new owner promotes and offers personal training. Don’t let this opportunity pass you by and contact us today!


Business Details

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

Company Information

Year Established: 2008
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $120,000
Gross Revenue: $164,738
Cash Flow: $62,973
FF&E: $25,000
Seller Financing Available: Yes

Property Information

Facilities:

The Fitness Center is located on an end cap in a high traffic shopping center with major anchor. The space occupies 2,444 sq ft and is leased for approx. $5,180/mo. All of the equipment is in great condition and working order. There has been rapid development in the immediate area which is expected to continue with new housing developments and commercial construction so this business is poised for growth!

Growth & expansion opportunities:

There is tremendous opportunity for growth at this location as this is currently the only fitness center in the immediate area. If a new active owner operator did some heavy marketing and advertising to promote the business, especially personal training they would see a huge increase in revenue and profits. Personal Training is a very small part of the business now so a new owner should be a personal trainer themselves or hire personal trainers. Since the business is a franchise a buyer can expand the center into a bigger facility or open additional locations with franchise approval.

Competition:

There is limited competition in the immediate area, this is the only fitness center within about a 10-mile radius.

Reason for selling:

Owner moving and wishes to pursue other interests.

Support & Training:

The Franchise provides a training program. The seller will also offer additional training and support if needed.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC