MergerPlace

Specialized Fitness Franchise

Virginia (Fairfax)


  • Asking Price: $119,995
  • Gross Income: $181,027
  • Cash Flow: $54,510
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $40,258
  • Listing ID: #217856
  • Established: 2014
  • Employees: 3

Business Description

Great opportunity to own a specialized fitness center catering to individuals that are looking for a unique, fun, and proven workout that guarantees results. The gym was founded in 2014 and specializes in a kickboxing themed fitness program that incorporates functional, interval, cardiovascular, and circuit training regimens. The programs consist of a proprietary system developed by a renowned kickboxing champion. The business is part of a worldwide franchise with top notch program development, robust training and back office support, and excellent brand recognition in the industry.

The model is unique and allows members to build sessions into their lifestyles as there are no “class times” to worry about and most workouts can be completed in roughly 30 minutes. The training staff oversees all sessions allowing for instruction and motivation throughout the programs. There are a variety of workouts that are always changing to keep the sessions varied and interesting. Members also have access to nutritional guidance program that’s included with membership to make sure their hard work in the gym is complimented by a healthy lifestyle.

There are currently around 250 active members with approx. 125 monthly ETF memberships processed per month generating about $8,700/mo in recurring revenue with the total average monthly revenue of about $17,000/mo. The gym has excellent reviews on platforms like Google, Yelp, and Facebook and has developed a loyal following in a relatively short time frame. The owner is very pleased with the business performance and is selling due to a health concern with an immediate family member.


Business Details

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

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $119,995
Gross Revenue: $181,027
Cash Flow: $54,510
FF&E: $40,258
Seller Financing Available: Yes

Property Information

Facilities:

The gym occupies a 1451 sq-ft space in a bustling strip mall surrounded by many other popular businesses and is leased for approx. $4575/mo. The location is also conveniently situated nearby major thoroughfares making the gym easy to access for many members.

Growth & expansion opportunities:

The business has been established for about 5 years, so there is still room for growth and expansion. A new owner might consider implementing a marketing or advertising campaign to support increased brand recognition in the immediate area. A new owner might also look to partner with nearby businesses to engage in cooperative/referral campaigns to help boost awareness.

Competition:

There is standard competition for the industry and market. This business has established itself as a specialized gym with an emphasis on kickboxing allowing it to stand out from “big box” gyms and other niche personal training operations.

Reason for selling:

Health concerns of a family member.

Support & Training:

The franchise provides support and the owner will provide initial training and support.

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC