Premier Crossfit Center

Listing ID: 700328315

Listing Title: Premier Crossfit Center

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Industry: Health and Medical

Industry Segment: Health Clubs and Spas

Country: United States

State / Province: Utah



Asking Price Range: < $250K

Gross Revenues: $192,778

Cash Flow: $56,004

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2013

Number of Employees: 4 - 5

Business Description:
Premier CrossFit Center -Absentee Run One of the Largest Gyms in Salt Lake City with a Loyal Membership Base. This business has been successfully training and conditioning athletes for over five years. The gym offers a specialized fitness program with both a high retention rate and fantastic growth potential. The business has been a recognized, multiple award winner for their unique focus and high level of customer satisfaction. The business consists of a fully equipped CrossFit facility, which offers group and individual fitness and functional mobility training at varying levels of intensity. Based on customer reviews their approach has led to dramatic gains in health and overall fitness. With close to 200 monthly EFT members and growing, this is a unique opportunity own what is recognized to be Salt Lake-s premier fitness gym. - Multiple Award-Winning Gym - Monthly Membership Create a Recurring Revenue Stream - Large & Growing Membership Base - Favorable Long-Term Lease with Space and Ample Parking for Additional Members - Sellers (Husband and Wife) Minimally Involved in the Business/Turnkey Operation - Favorable Local Demographics - Amazing Local Online Reviews with Loyal Customers - Fun Work Environment with a High Level of Client & Employee Satisfaction - Large amount of Seller Financing Available to a Qualified Buyer - Service Based business with minimal cap X and Low Fixed Costs - Approximately $100,000 in Equipment & Leasehold Improvements Competitive Overview -There is limited competition in the immediate area. Potential Growth - Expand online marketing and social media - Partnerships with area businesses - Mid-Day Classes - More focus on Beginner Programs - Additional Fitness Activities including Yoga, Boxing, Nutritional Classes and Massage All equipment is routinely maintained and in good working condition. Long term lease in place with options to extend. Good visibility and ample parking.

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