Turn Key Boxing Gym and 24 hour Fitness Center in Downtown Raleigh
Business Description
Premier Turn-Key Boxing Gym and 24-Hour Fitness Center - Downtown Raleigh
This thriving dual-concept fitness facility offers an exceptional investment opportunity in the heart of downtown Raleigh. Since opening in 2019, the business has established a strong market presence with over 400 active members and generates $350,000 in annual revenue.
Facility Overview:
Housed in a substantial 7,408 square foot space, this unique establishment operates as both a specialized boxing gym and comprehensive 24-hour fitness center. The business enjoys a distinctive competitive position as the only full-service 24-hour gym in downtown Raleigh while maintaining its reputation as the area's leading boxing destination.
Core Business Assets:
• Established membership base of 400+ members providing consistent recurring revenue
• Professional boxing ring equipped for training sessions and competitive events
• Complete array of fitness equipment supporting 24-hour operations
• Integrated MindBody software managing memberships and business operations
• Dedicated parking facility - a valuable downtown amenity
• Experienced staff team with established operational procedures
• Turn-key business model ready for immediate operation
Strategic Location:
Positioned directly across from the new Smokey Hollow development, the facility benefits from downtown Raleigh's ongoing revitalization and increased residential density. This prime location offers excellent visibility and accessibility in Wake County's business center.
Revenue Structure:
The business operates on a stable membership-based model featuring monthly subscription revenue from diverse member segments seeking both general fitness and specialized boxing training services.
Competitive Advantages:
• Exclusive positioning as downtown's only 24-hour full-service gym
• Recognized leadership in the local boxing training market
• Dual-concept approach serving broad fitness demographics
• Established operational systems and member retention
Financial Performance:
With annual revenue of $350,000 and an asking price of $95,000, this opportunity presents attractive investment metrics. The membership model provides predictable cash flow while the established customer base reduces market entry risk.
Owner Transition Support:
The current owner will provide comprehensive transition assistance, including detailed review of operating systems and procedures to ensure seamless business continuity.
This complete turn-key operation includes all equipment, software systems, membership database, and trained staff. The business is well-positioned for continued growth and potential expansion in Raleigh's dynamic fitness market.
This thriving dual-concept fitness facility offers an exceptional investment opportunity in the heart of downtown Raleigh. Since opening in 2019, the business has established a strong market presence with over 400 active members and generates $350,000 in annual revenue.
Facility Overview:
Housed in a substantial 7,408 square foot space, this unique establishment operates as both a specialized boxing gym and comprehensive 24-hour fitness center. The business enjoys a distinctive competitive position as the only full-service 24-hour gym in downtown Raleigh while maintaining its reputation as the area's leading boxing destination.
Core Business Assets:
• Established membership base of 400+ members providing consistent recurring revenue
• Professional boxing ring equipped for training sessions and competitive events
• Complete array of fitness equipment supporting 24-hour operations
• Integrated MindBody software managing memberships and business operations
• Dedicated parking facility - a valuable downtown amenity
• Experienced staff team with established operational procedures
• Turn-key business model ready for immediate operation
Strategic Location:
Positioned directly across from the new Smokey Hollow development, the facility benefits from downtown Raleigh's ongoing revitalization and increased residential density. This prime location offers excellent visibility and accessibility in Wake County's business center.
Revenue Structure:
The business operates on a stable membership-based model featuring monthly subscription revenue from diverse member segments seeking both general fitness and specialized boxing training services.
Competitive Advantages:
• Exclusive positioning as downtown's only 24-hour full-service gym
• Recognized leadership in the local boxing training market
• Dual-concept approach serving broad fitness demographics
• Established operational systems and member retention
Financial Performance:
With annual revenue of $350,000 and an asking price of $95,000, this opportunity presents attractive investment metrics. The membership model provides predictable cash flow while the established customer base reduces market entry risk.
Owner Transition Support:
The current owner will provide comprehensive transition assistance, including detailed review of operating systems and procedures to ensure seamless business continuity.
This complete turn-key operation includes all equipment, software systems, membership database, and trained staff. The business is well-positioned for continued growth and potential expansion in Raleigh's dynamic fitness market.
About the Business
- Years in Operation
- 7
- Employees
- 12 (2 Part-time, 10 Contractors)
Employees are subcontractors such as personal trainers, class instructors - Facilities & Assets
- Over 7,400 sq ft of space
Boxing Ring and Boxing Equipment
24 Hour Fitness Center with all Machines, Equipment, Free Weights and accesories
Administrative Office
Front Lobby
Dedicated Parking
Professional Lighting - Website
- https://www.knuckleupgyms.com/
- Market Outlook / Competition
- Only 24 hour full use gym downtown.
We are the leading local boxing gym. - Opportunities for Growth
- Potential for growth or expansioon.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 7,408
About the Sale
- Seller Motivation
- N/A
- Transition Support
- Owner/Operator can assist the transition by reviewing the operating systems and procedures with the purchaser.
- Financing Options
- N/A
Listing Info
- ID
- 2457601
- Listing Views
- 22
Business Location
Listing ID: 2457601 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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