Growing Fitness Studio Gym in High Traffic Location

Name: Growing Fitness Studio Gym in High Traffic Location
Brand: Transworld Business Advisors
Price: 89900 USD
Availability: InStock

Listing Number: 80561-921382

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Listing Details

Price: $89,900

Location: Cumberland County, Pennsylvania

Down Payment: $89,900
Sales: $207,124
Seller's Discretionary Earnings: $103,000
Inventory: $1
Furniture, Fixtures, and Equipment: $15,000
Rent: $2,866
Employees: 5
Year Established: 2022
Reason for Selling: Other Opportunities

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Business Description

Here is an exciting opportunity to acquire a scalable fitness studio that has been growing year-over-year with a proven business model!

Ownership has increased revenue considerably since inception and has added multiple revenue streams with a loyal clientele. Business operates on a recurring revenue model with diverse offerings leading with personal training and incorporating online classes and in-person group classes.

Secondary revenue streams with subleases to other businesses that also feed into the bolt-on style model of this business.

Currently ownership spends very little time weekly working on-site (~3 hours), but with an owner-operator model it has high upside value for more membership and scalability.

Pro-Forma SDE with owner operator model around $103,000.
Absentee currently at $34,000 SDE.

Equipment: $15,000.00
Leasehold improvements: ~$50,000.00

This fitness center is situated in a very high traffic area in the fastest growing county in Pennsylvania. It is situated on a main road with attractive signage.

Fully equipped with modern and state-of-the-art facilities, a trained staff in place and a proven marketing system make this is a turnkey model suited for an owner-operator.

Whether you are a seasoned wellness professional or aspiring entrepreneur this turnkey business offers a rare opportunity to own a studio that is growing with multiple revenue streams without much onsite work!