Absentee Owned Gym | 200,000 Owners Benefit
New Cardio and Strength Equipment
(Seller's Discretionary Earnings)
not included in asking price
included in asking price
Share this business:
All new cardio and strength equipment.
The gym is located in one of the wealthiest cities in Maryland and is recognized by the community as a generational gym for over 20 years. The customer-oriented business has Five Star Reviews from Yelp and more.
In spite of having virtually no owner oversight and very nominal amount of advertising the business maintains very consistent numbers year after year. Owner operators could easily make $50,000 more.
2017 - Revenue $ 919,620 | Income: $ 205,450
2016 - Revenue $ 921,710 | Income: $ 207,120
2015 - Revenue $ 916,998 | Income: $ 210,500
This business has been well managed -- books are in order, website is fully developed, SEO is strong, scheduling systems are in place, and trainers are excellent.
If you want to get into the growing fitness business and desire a solid, established foundation from which to start, this is an incredible opportunity that won’t last long.
About the Business
Contact the Seller
- Year Established:
- Number of Employees:
- Real Estate:
- Building Sq. Ft.:
The property is 14,694 square feet and opened in 1997 then was rebranded in 2014.
Common areas include an abundance of striped/asphalt parking and well maintained by the Landlord.
Growth & Expansion:
Owner oversight and additional advertising could easily grow the business.
About the Sale
- Reason For Selling:
Absentee owned. Seller has a second business that consumes all of their time.
Management and staff are already in place. Staff consist of one General Manager, Personal Training Director, Group Fitness Director and a wealth of talented support staff for sales and training. Owner will provide 4 weeks training at no cost.
- Ad Detail Views: