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Established & Well - Known Functional Fitness Gym
Location: United States -> Virginia -> Alexandria
Industry: Health and Medical > Health Clubs and Spas




Business Summary

Great opportunity to take over an established and well-known functional fitness gym in Alexandria, Virginia. The business is part of a reputable and well-branded franchise that caters to individuals looking for a variety of different workout options under one roof. The gym is located in an affluent and densely populated area with a healthy membership roster of over 700 individuals. There is an established team of trainers and other key staff in place which will help with the transition to a new owner.

The gym has a stellar reputation in the area which is backed up by top notch reviews on many popular online platforms. There is room for expansion as demand for services is strong and the membership has been steadily growing. The location is surrounded by a mix of residential and commercial centers which allows for a reliable flow of members throughout the day and on weekends. The gym generates over $35K a month in recurring revenue from the EFT membership base and this figure is on the rise as well.

The current ownership is absentee as they had several locations, each with a manager. The cash flow claimed is based on a buyer being an owner operator replacing the manager who wouldn't be needed. The current owners have decided to pursue other business interests, so this presents a unique opportunity to take over a turnkey gym in an established market allowing the buyer to decide how involved they want to be in the day to day operations and growth of the business which has lots of potential, especially for an owner operator. Don't let this opportunity pass you by!


Financials

Asking Price Range:  < $250K
Gross Revenues:   $465,833
Cash Flow:   $68,615
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $15,000
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will offer necessary training and support. Franchise training is available as well.
Reason For Selling:  Owner pursuing other business interests.

Photos

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Established & Well - Known Functional Fitness Gym Photo 1




Print Listing Id: 700332104
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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