Turnkey Boutique Fitness Studio in Prime Seattle Tech Hub
Business Description
Turnkey Boutique Fitness Studio in Prime Seattle Tech Hub
Seize a rare opportunity to own an established boutique fitness studio in South Lake Union, Seattle's premier tech corridor. Located within walking distance of Amazon HQ, Google campus, and over 30 luxury residential developments, this turnkey operation is perfectly positioned in one of the city's most dynamic neighborhoods.
Business Overview:
- Established in 2019 with 165 active members and strong retention rates
- Annual revenue of $261,199 with consistent recurring monthly revenue of approximately $27,000
- Premium low-impact, full-body workout experience combining strength, cardio, and mobility training
- Absentee owner operation with established systems and processes
Key Assets Included:
- Complete equipment package valued at $150,000
- Fully staffed operation with trained coaches
- 2,564 sq ft facility in prime location
- $4,000 inventory package
- Established brand recognition and loyal customer base
Location Advantages:
- Google relocating employees from Fremont campus to SLU, adding 5,000-10,000 potential customers
- Amazon's return to 5-day in-office mandate brings 40,000+ employees to the area
- Adjacent luxury apartment buildings (Ascent and Marlowe) at full occupancy
- Walking distance to major tech employers and residential developments
Growth Opportunities:
- Expanding partnerships with local apartment complexes
- Newly organized SLU Chamber of Commerce networking potential
- Enhanced franchisor marketing and support initiatives
- Significant room for membership growth in high-density area
Financial Details:
- Asking Price: $180,000
- Monthly Lease: $8,174 (expires November 2029)
- Strong recurring revenue model with membership-based income
The current owner offers post-sale support including coaching services and day-to-day consulting as needed. This represents an exceptional opportunity to acquire a profitable, turnkey fitness business in Seattle's fastest-growing neighborhood with tremendous upside potential.
Ideal for an owner-operator looking to enter the thriving boutique fitness market or an investor seeking a proven business model in a prime location.
Seize a rare opportunity to own an established boutique fitness studio in South Lake Union, Seattle's premier tech corridor. Located within walking distance of Amazon HQ, Google campus, and over 30 luxury residential developments, this turnkey operation is perfectly positioned in one of the city's most dynamic neighborhoods.
Business Overview:
- Established in 2019 with 165 active members and strong retention rates
- Annual revenue of $261,199 with consistent recurring monthly revenue of approximately $27,000
- Premium low-impact, full-body workout experience combining strength, cardio, and mobility training
- Absentee owner operation with established systems and processes
Key Assets Included:
- Complete equipment package valued at $150,000
- Fully staffed operation with trained coaches
- 2,564 sq ft facility in prime location
- $4,000 inventory package
- Established brand recognition and loyal customer base
Location Advantages:
- Google relocating employees from Fremont campus to SLU, adding 5,000-10,000 potential customers
- Amazon's return to 5-day in-office mandate brings 40,000+ employees to the area
- Adjacent luxury apartment buildings (Ascent and Marlowe) at full occupancy
- Walking distance to major tech employers and residential developments
Growth Opportunities:
- Expanding partnerships with local apartment complexes
- Newly organized SLU Chamber of Commerce networking potential
- Enhanced franchisor marketing and support initiatives
- Significant room for membership growth in high-density area
Financial Details:
- Asking Price: $180,000
- Monthly Lease: $8,174 (expires November 2029)
- Strong recurring revenue model with membership-based income
The current owner offers post-sale support including coaching services and day-to-day consulting as needed. This represents an exceptional opportunity to acquire a profitable, turnkey fitness business in Seattle's fastest-growing neighborhood with tremendous upside potential.
Ideal for an owner-operator looking to enter the thriving boutique fitness market or an investor seeking a proven business model in a prime location.
About the Business
- Years in Operation
- 6
- Employees
- 13 (1 Full-time, 12 Part-time)
6 fully trained and certified coaches. 1 GM with 3 part time sales associates. - Facilities & Assets
- Fully built out fitness studio with 2 bathrooms, lockers a lobby, back storage and an office. Retail space has parking included with rent. Utilities (less electric) included in rent. 24 ergs oiled biweekly, cleaned bi-annually. Around 2500 lbs of weights in dumbbells recently purchased from 3-70lbs each. 200K stereo system(5yo) with backup equipment.
- Website
- https://www.therowhouse.com/location/south-lake-union
- Market Outlook / Competition
- Google is moving all employees from their Fremont campus to SLU, increasing foot traffic for this location by around 5-10K people. Amazon is back to work 5 days a week with an additional 40K employees in the area. Adjacent apartment buildings, Ascent and Marlowe are fully occupied with residents making this a prime location for a successful fitness business.
- Opportunities for Growth
- Expanding partnerships with local apartment buildings. A newly organized SLU chamber of commerce also presents promise for someone who has the time and ability to be engaged in social events. Franchisor has been building marketing and support over the past year to enhance growth at the unit level.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,564
- Rent
- $8,174.00 per month
- Lease Expiration
- 2/4/2029
About the Sale
- Seller Motivation
- Health issues
- Transition Support
- I can stay on staff as a coach or lead coach and consulting for business day to day as needed.
Listing Info
- ID
- 2426975
- Listing Views
- 36
Listing ID: 2426975 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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