MergerPlace

Modern Northern VA Fitness Center Space

Virginia (Loudoun)


  • Asking Price: $99,995
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $85,000
  • Listing ID: #203097
  • Established: 2015
  • Employees:

Business Description

Great opportunity to own a modern fitness facility along with all the equipment. The business was founded in 2015 and outfitted with the latest cardio, strength training, and functional fitness equipment. The gym is located in an affluent and high traffic part of eastern Loudoun County. Please note that this is an asset sale and the name and proprietary technology of the fitness center does not convey as part of the sale.

The facility is in a 3,205 sq ft retail space in a modern, upscale shopping center/town center. The storefront has larger windows and two entrances. The fitness area is equipped with high-end equipment, furniture, and fixtures. Both the gym and reception area have a modern and updated look. There are also nicely appointed locker rooms, a personal training room, and a semi-private cardio space.

Here’s a breakdown of the equipment:

Cardio Equipment: High capacity incline treadmills, spin bikes, machine rowers, and punching bags Strength Training: Barbells, bumper plates, benches, multi-rig with pull-up bars and monkey bars, suspension gear (TRX), dumbbells from 5-75 lbs (5 sets of 5-25 lbs), slam balls (10-20 lbs), cable pulley machine (functional trainer), dip stand, leg press, resistance bands.

Functional/Athletic equipment: Sliding discs, sled, swiss/exercise balls, agility ladders, jump ropes, salmon ladder, battle ropes, climbing ropes, gymnast rings, mats, etc.

This is a great opportunity for a personal trainer or someone involved in the fitness industry to own their own business without the headaches and high costs of building a fitness center from scratch. It’s perfect for someone looking to implement their own concept, training methodology, and branding into a new or existing operation. The current business has a great reputation in the area and stellar reviews on all major online review platforms, but the owners are heavily involved in another business and don’t have the time/ability to run both, so they’re looking to sell this location.


Business Details

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

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $99,995
FF&E: $85,000
Seller Financing Available: No

Property Information

Facilities:

The gym operates out of a 3,205 sq ft retail space in a modern, upscale shopping center/town center. The storefront has larger windows and two entrances. The fitness area is equipped with high-end commercial cardio, strength and functional training equipment. Both the gym and reception area have a modern and updated look. There are also nicely appointed locker rooms, a personal training room, and a semi-private cardio space.

Growth & expansion opportunities:

There are numerous areas for growth and expansion as the business owners have done a great job setting up the center, but haven’t had the time to be present, focus on growth, marketing, and business development as they are involved in another operation that’s ~35 miles away. This is a great opportunity for someone in the fitness industry who has a handle on how to run a gym to come in and take over. The area is heavily populated and growing with young adults, families and professionals who are ideal members.

Competition:

Standard competition in the industry and area. There is no direct competition in center which the business is located.

Reason for selling:

Owners have another location they would like to focus on and start franchising.

Support & Training:

Sellers will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC