Turnkey Fitness Studio - Assets Valued at Nearly 2x Asking Price
Business Description
Turnkey boutique fitness studio in a Kansas university town. Operating since 2020, independent of any franchise system since 2025, with approximately 155 members on recurring monthly billing.
3,650 square feet, fully built out, with 24/7 secured member access. Equipment and leasehold improvements carry an independently itemized schedule at approximately $112,500 -- close to twice the asking price. The buildout is finished, and there is no deferred capital project waiting for a new owner.
Six part-time W2 staff, four of them with the studio since it opened. Every one of them both coaches and covers the front desk, so coverage does not depend on any single person. Operating procedures are documented in writing and transfer with the business.
The studio pays no franchise royalty, no marketing fund contribution and no franchisor technology fee. Those obligations ended in 2025 and appear nowhere on current financial statements -- verifiable against the billing platform's settlement reports.
Two things stated plainly, because a buyer will find them in diligence anyway:
Revenue has declined over the past eighteen months and the studio currently operates near breakeven. Calendar 2025 gross receipts were $259,852 per the filed return. The figures shown on this listing reflect the current run rate rather than that higher prior-year number.
The studio has never employed a dedicated salesperson or membership-acquisition manager. Prior lead roles were coaching positions. The sellers believe that absence is the primary driver of the decline, and it is the clearest opportunity in the business. Measured against today's cost base -- with franchise fees already gone -- the studio's own January 2025 membership volume would run roughly $6,300 per month ahead of breakeven. That is an actual historical volume, not a projection.
This is priced as an asset sale rather than on earnings, and priced accordingly.
Available to qualified buyers under confidentiality: the business tax return, eighteen months of month-by-month revenue actuals drawn from the billing platform, an operating statement, a line-by-line reconciliation of those figures to bank records, an itemized equipment and asset schedule, and a lease and guaranty summary.
Sellers will provide structured transition training and remain available by phone through the handover. Assignment of the lease is subject to landlord consent.
Serious inquiries welcome. Please include a brief note on your background and how you would approach the operation.
3,650 square feet, fully built out, with 24/7 secured member access. Equipment and leasehold improvements carry an independently itemized schedule at approximately $112,500 -- close to twice the asking price. The buildout is finished, and there is no deferred capital project waiting for a new owner.
Six part-time W2 staff, four of them with the studio since it opened. Every one of them both coaches and covers the front desk, so coverage does not depend on any single person. Operating procedures are documented in writing and transfer with the business.
The studio pays no franchise royalty, no marketing fund contribution and no franchisor technology fee. Those obligations ended in 2025 and appear nowhere on current financial statements -- verifiable against the billing platform's settlement reports.
Two things stated plainly, because a buyer will find them in diligence anyway:
Revenue has declined over the past eighteen months and the studio currently operates near breakeven. Calendar 2025 gross receipts were $259,852 per the filed return. The figures shown on this listing reflect the current run rate rather than that higher prior-year number.
The studio has never employed a dedicated salesperson or membership-acquisition manager. Prior lead roles were coaching positions. The sellers believe that absence is the primary driver of the decline, and it is the clearest opportunity in the business. Measured against today's cost base -- with franchise fees already gone -- the studio's own January 2025 membership volume would run roughly $6,300 per month ahead of breakeven. That is an actual historical volume, not a projection.
This is priced as an asset sale rather than on earnings, and priced accordingly.
Available to qualified buyers under confidentiality: the business tax return, eighteen months of month-by-month revenue actuals drawn from the billing platform, an operating statement, a line-by-line reconciliation of those figures to bank records, an itemized equipment and asset schedule, and a lease and guaranty summary.
Sellers will provide structured transition training and remain available by phone through the handover. Assignment of the lease is subject to landlord consent.
Serious inquiries welcome. Please include a brief note on your background and how you would approach the operation.
About the Business
- Years in Operation
- 6
- Employees
- 6 Part-time
Six W2 employees, all part-time. Four have been with the studio since it opened - Facilities & Assets
- 3,650 square feet in a national-landlord retail center, combining two adjoining suites under a single lease. Fully built out in 2020 and well maintained: rubber athletic flooring, two restrooms and two showers, custom millwork front desk, retail display area, and a dedicated group-training floor with projection and audio.
24/7 secured member access via card entry, with camera coverage throughout.
Equipment and leasehold improvements carry an independently itemized schedule at approximately $112,500 -- roughly twice the asking price. Equipment includes cardio, rowing, strength racks, benches, steps, free weights and suspension stations, plus an integrated AV head end, dual projectors, screens, wall displays and a network rack.
Retail merchandise inventory of approximately $5,200 is scheduled separately.
The buildout is complete. There is no deferred capital project waiting for a new owner. - Market Outlook / Competition
- The studio serves a Kansas university town anchored by a major state university, with a stable mix of students, faculty, staff and long-term residents.
Approximately 155 members on recurring monthly billing. Four of the six staff have been with the studio since it opened in 2020, so the member relationships a buyer is acquiring are five years deep.
The format is small-group and personal training with 24/7 open access -- a boutique position distinct from big-box gyms on one side and single-format studios on the other.
Membership has declined over the past eighteen months. The sellers attribute that primarily to the absence of any dedicated sales or membership-acquisition function, a role the studio has never staffed. The full monthly revenue series and a reconciliation to bank records are available to qualified buyers, so this can be evaluated independently rather than taken on the sellers' word. - Opportunities for Growth
- The studio has never employed a dedicated salesperson or membership-acquisition manager. Prior lead roles were coaching positions, not sales positions. That is the clearest opportunity in the business, and the reason it is priced as an asset sale rather than on earnings.
The cost structure is already stripped. Franchise royalty, marketing-fund contribution and franchisor technology fees all ended in 2025 and appear nowhere on current statements. Measured against the present cost base, the studio's own January 2025 membership volume would run approximately $6,300 per month ahead of breakeven, and its August 2025 volume approximately $3,900 ahead. Those are actual historical volumes, not projections.
Other avenues a new owner may consider: corporate and university wellness partnerships, semester-aligned membership terms, expanded personal training, and the existing university practicum pipeline as a low-cost source of coaching staff.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,650
- Rent
- $5,843 per month
- Lease Expiration
- 10/31/2030
About the Sale
- Seller Motivation
- Owners exiting to focus on other business interests.
- Transition Support
- The sellers will provide structured transition support for 90 days following closing, available by telephone any day.
Training covers: opening and closing procedures; cleaning and maintenance schedules; the member management and billing platform, including billing runs and reporting; virtual class scheduling and the content platform; coach onboarding and scheduling; front-desk troubleshooting for the heart-rate display, audio and projection systems, tablets and air filtration; vendor accounts and payment cadence; state sales tax collection and quarterly remittance; and payroll processing.
Operating procedures are documented in writing rather than held in anyone's head, and that written library transfers with the business.
The sellers provide no sales or membership-acquisition training and make no representation as to sales performance. The studio has never employed a dedicated sales role. That is disclosed deliberately -- see Growth & Expansion.
Listing Info
- ID
- 2541191
- Listing Views
Business Location
Listing ID: 2541191 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.
Businesses for SaleKansas Businesses for SaleKansas Health & Medical Businesses for SaleKansas Health Clubs, Gyms & Fitness Center Businesses for Sale


