Business Category: Gyms & Fitness Centers
Location: North Carolina
Listing Price: $895,000
Cash Flow: $321,400
Equipment Value: $210,000
$321,400 SDE Multiple Location Fitness Business with Subscription Income Streams!
Rarely do we see a fitness business with such a great track record and strong cash flow!
This massively profitable Company is a 24-hour fitness club offering regular subscription memberships, group fitness classes and even its own budding nutrition program. The Company also offers personal training, cycling classes, and boot camps. It provides its members with one of the most diverse offerings of fixed and free weights in the region. Clients choose one of four different membership options, each with its own set of amenities.
Opportunities For Growth:
1) Rapidly Growing Market: Company is located in one of the fastest-growing suburbs in the United States.
2) Additional Classes: Fitness trends are constantly emerging and evolving. Offering new and/or additional classes is a great way to attract new members. The next owner could consider adding:
– HIIT (high-intensity interval training
– Fitness programs for older adults
– Bodyweight training
3) Grow Nutrition Program: The nutrition program is ripe for growth. For many of the Company’s members, time is a scarcer resource than money. Offering prepared food to go would be an excellent strategy for growing revenue and profitability without having to acquire additional members.
1) Recognized Brand with a Great Reputation: The Company has a great web presence with many positive online reviews.
2) Established Customer Base: The Company has developed a strong customer base from throughout the region. There is plenty of room to grow, but already this location is cashflow positive.
3) Multiple Income Streams include memberships (70%), personal training (20%), group training (5%), nutrition (5%).
Real Estate Available: For lease
Reason For Sale: Retirement