MergerPlace

Modern 24-hour Fitness Center

Virginia (Stafford)


  • Asking Price: $225,000
  • Gross Income: $218,635
  • Cash Flow: $65,006
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $215,000
  • Listing ID: #202133
  • Established: 2014
  • Employees: 1 FT/2 PT

Business Description

Excellent opportunity to be your own boss in this modern 24-hour fitness center. Very easy to operate and backed by one of the best fitness franchises in the world with over 3,000 locations and is currently ranked as one of the top franchise opportunities by a variety of online publications.

This fitness center offers the best equipment available including treadmills, cardio TV’s, Elliptical Cross-Trainers, Exercise Cycles, Stair Climbers, Spin Bikes, Strength Equipment and free weights. Staffed with two very professional trainers offering, functional training, group training and personal training. Amenities include 24-hour access, 24-hour security, private restrooms, private showers, HDTV’s and well lighted convenient parking.


Business Details

Primary Business Category: Services - Other Services
Location: Virginia
County: Stafford

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 FT/2 PT

Financial Information

Asking Price: $225,000
Gross Revenue: $218,635
Cash Flow: $65,006
FF&E: $215,000
Seller Financing Available: No

Property Information

Facilities:

The property is 5,000 sq feet and opened in July 2014. Common areas include an abundance of striped/asphalt parking and is well maintained by the landlord.

Growth & expansion opportunities:

New owners could increase sales by having more staffed hours. The current owners do not spend that much time in the gym.

Reason for selling:

The three partners have different objectives.

Support & Training:

Will train for 4 weeks @ no cost. The Franchise company (Franchisor) must approve any transfer. The transfer fee is $5,000. Franchisor provides 2 weeks training in Minnesota.

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Business Listed By:

Fred Walker

Murphy Business Brokers