Turnkey Fitness Facility For Sale
Long Term Membership Base w/Excellent Retention
Middlesex County, Massachusetts
Listing Number: 1590
Asking Price: $329,000
Gross Revenues: $703,374
Owner's Cash Flow: $153,000
A well-known established full-service fitness facility in a very affluent market is now available. This beautiful location boasts all the benefits of a top tier health club. This standalone 13,000 Sq. ft. facility provides its consistent long-term membership base with amenities including group exercise, spinning, personal training, executive locker rooms, towel service, expansive free weight and cardio areas.
The club has been in operation since 2006, setting the standard for fitness centers in the greater Boston area. This is an amazing opportunity for a savvy entrepreneur to build upon an excellent revenue base and continue to service its high-end clientele. With the industry demand of additional services such as small group training and nutritional coaching, a new operator can take this business to an untapped level of success.
The start-up investment costs along with the capital requirements to develop an extensive membership base, far out weigh the sale price for this turn-key operation. This is an opportunity to build upon an already successful business and increase profits without the risk of a multi-million-dollar buildout and fitness equipment purchase.
The ingredients of a highly recognized location, excellent demographics and consistent sales performance, define this club as a very rare opportunity in the fitness industry.
Growth and Expansion Opportunities
The membership base and personal training revenues can be increased with strategic marketing using multiple online and social media platforms. The group training, nutrition and semi-private coaching profit centers are untapped. The annual sales numbers and cash flow can increase significantly with these improvements.
Employees: 1 FT / 1 PT
Support & Training: The sellers will provide necessary support and training.
Reason Selling: To concentrate on other business opportunities