Premier Strength Training Gym for Sale in West Michigan

Asking Price$1,290,000

Cash Flow
$123,674
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$496,495

Inventory$5,000
Not included in asking price
FF&E$100,000
Included in asking price
Real Estate$945,000
Not included in asking price
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Premier Strength Training Gym for Sale in West Michigan


Asking Price$1,290,000

Cash Flow
$123,674
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$496,495

Inventory$5,000
Not included in asking price
FF&E$100,000
Included in asking price
Real Estate$945,000
Not included in asking price

Seller Financing Available
Business Description
Premier Strength Training Gym for Sale in West Michigan
Here is an exceptional opportunity to acquire a turnkey strength training and boxing gym located in West Michigan. This facility was founded several decades ago and has been operated by the current owner since the early 2000s. This gym features free weights, machines, cardio equipment and a boxing gym and even offers personal training services to its members. The business is open 24 hours per day and is staffed by seven part-time employees and five dedicated personal trainers. In addition, the business offers a full complement of nutritional supplements and gym apparel for sale to its members. The real estate is included in the sale and features nearly 10,000 square feet of purpose?built gym space on just over an acre of property. With a current membership of approximately 700, this gym has established itself as the go to facility for serious fitness enthusiasts in the West Michigan area.
About the Business
Facilities & Assets
The business has served multiple generations of patrons, establishing itself as one of the more well known and successful independent gyms in the region. The current owner purchased the gym in the early 2000s and has spent the last 20+ years building it into a family run operation. Over the years the facility has developed a loyal membership base and an extensive list of more than 5,000 contacts, comprised of both active and past members. The owners are now looking to transition their energy into other business interests and would love to see this gym co
Market Outlook / Competition
In a competitive fitness market, this business distinguishes itself in several meaningful ways:

A legacy brand with decades of local presence and credibility in West Michigan, particularly recognized for its strength training equipment and personal training programs by serious athletes;
A 24/7/365 access model sets it apart from many gyms that have more limited hours, providing maximum convenience and flexibility for its members; A wide array of options and services: a large free weight area featuring nearly 12 tons of iron, Olympic lifting platforms,
Opportunities for Growth
There are multiple avenues by which a new owner could expand or enhance the business:
Member conversion/activation: With 5,000+ contacts in the database versus 700 active members, there is significant upside in re-activating lapsed contacts or converting leads into full members.
Expanded personal training and small-group coaching: With five personal trainers currently on staff, there is opportunity to develop more structured small-group training, specialty programs or tiered coaching models to increase revenue per member.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Focusing on other business
Transition Support
4 weeks
Listing Info
ID
2442137
Listing Views
34

Contact Seller

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Business Listed by: Jeff Hoag Transworld Business Advisors of West Michigan

Listing ID: 2442137 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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