Established in 2018, this club is a leading high-performance gym, renowned for its branding.
Renowned for its top-notch equipment, round-the-clock access, tough training environment,
and expansive 8,000 sq. ft. space, the Gym has become a favorite among powerlifters, bodybuilders, and fitness enthusiasts.
The club presents a perfect opportunity for a fitness-focused buyer to utilize the gym's
established membership system. The Gym excels at lead generation via word-of-mouth and
social media, fostering customer retention through memberships. This strategy generated
strong profitability, averaging $749,477 in annual revenue and $451,868 in SDE over the past
three years? a 60% cash flow margin from 2022/2024.
The new owner will take over 557 active local members plus roughly 1,500/2,000 annual
day-pass visitors from within a 200/300-mile radius. The business uses the GymMaster
scheduling system for day passes. They have 6,000 names in their database.
Ninety percent of the revenue comes from monthly subscriptions. Day passes and other
sources (personal training, merchandise, supplements, vending machines, and ready-to-eat
meals) account for the remaining 10%.
The Buyer can enhance the company's financial performance and gain a competitive edge by
launching fitness seminars and clinics, increasing advertising, investing in higher-end
equipment, and organizing industry events to preserve the business culture and extend the
exceptional customer experience to untapped areas in the vicinity.
Four people work at the club: a manager earning $5,500 monthly, two part-time cleaners
at $20/hour, and a handyman at $25/hour. The manager is an asset for the Buyer. Managing
daily operations, the manager will help the Buyer learn quickly, or enable them to be a less active in the operations.