Description

The business is best described as a personal training and nutrition center. This turnkey operation has well documented programs and procedures to address a multitude of physical and health related objectives of its clients. There is a strong group of loyal clients that rely on the individual attention given to them by the staff. The strength of the business lies in its customized programs for clients that incorporate the right mix of exercise and healthy living components. The main goal is to show clients how a fit lifestyle, including both healthy exercise and healthy dietary habits, will give the best results.
The owner, along with other trainers, learns about clients’ needs and goals through a series of custom designed questionnaires. Additionally, two years ago, the company invested in a large amount of equipment and now offers a “circuit training” option for clients who prefer to work out on their own. This circuit training is available for a monthly membership fee. The individualized programs, and circuit training option, in conjunction with group classes and instructional programs, and the sale of nutritional products, makes for a great mix of revenue streams for the company.
The center turned profitable for the owner after the first 2 years. Priced at $125,000, this turnkey profitable business is priced far below the equivalent cost to open a new facility and the existing positive cash flow provides some certainty for success and without the stress of opening a business from scratch. The current owner will be happy to stay during a transition. The equipment is well maintained and relationships are already built with customers, landlord, and vendors. The policies and procedures for employees, individualized programs and activities for clients, client lists, and accounting documentation have been meticulously maintained.
This business would be a great purchase for an individual desiring to enter the physical fitness business, a second location for an existing similar business or to expand an in-home personal training business. In addition, the retail location is large enough to incorporate a chiropractic or physical therapy business.
The owner is selling because of personal reasons that require him to relocate out of state.

Posted Aug 31, 2016

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