Description

Description.
Ideal Opportunity For An Absentee Or Owner Operator With This Thriving, 20,000+ Sf Full Service Fitness Club Located In An Affluent Area Of Md Just 30 Minutes From D.C. And/Or Baltimore.
1800 members and growing. Voted Best Gym in the area in 2016. Experienced staff and well established systems create smooth, easy and profitable operations.
Most of the Equipment is 3 years old or less. 14 Personal Trainers, Private Pilates Studio, Large Group Exercise and Group Training Departments, Women’s Only Gym area, Steam and Sauna, newly renovated locker rooms. Massage and Physical Therapy.
Asking Price: $1,450,000
Annual Sales: $1,755,000
Cash Flow: $300,000
Business Location: Convenient, well populated and affluent area in suburbs. Located across from a Mall. Major interstate ½ mile.
Business State: Maryland
Number of Active Members: 1800
Facility Square Feet: 22,000
Year Established: 1990
How many Employees: 6 Core employees + part time
Seller Financing Available: Yes
About the Competition: 1 large club and several small studios
Growth Expansion: Lots of opportunity within an easily accessible 10 mile area
Support Training: yes
Reason for selling: Retiring to the Sunbelt!

Posted Oct 25, 2016

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