Owner has dropped the price to sell quickly. Turn-key membership-based fitness center, with large space and reasonable rent. Numerous pieces of equipment, estimated to be approximately $200,000 at market value, including nautilus and other mechanical fitness machines, free weights and a training room. An active owner who is a trainer would have the opportunity to reduce expenses. Shower/locker rooms are included. Center currently has 780 members, with capacity to grow. Members have 24 hour key fob access. Security camera system protects the facility.

Business History
Current owner purchased business 5 years ago and has grown the volume and quality of operations considerably.

Competitive Overview
In a 5 mile radius, there are only two other comparable fitness centers.

Potential Growth
Business is strategically located centrally within a growth area. Upscale residential developments in the area, and there is capacity for growing the memberships.

Posted Aug 21, 2015

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