Hot Listing

Well Established, Well Known, 24 Hour Gym

Asking Price$1,199,000

Cash Flow
Not Disclosed

EBITDA$313,913

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&E$551,560
Included in asking price
Clean Spacious Locker Room
Front View
Entrance
Equipment
Cardio
Training & Classes
Clean Spacious Locker Room
Front View
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Hot Listing

Well Established, Well Known, 24 Hour Gym


Asking Price$1,199,000

Cash Flow
Not Disclosed

EBITDA$313,913

Gross Revenue$1,200,000

InventoryNot Disclosed

FF&E$551,560
Included in asking price

Seller Financing Available
Business Description
No need to lift a finger! All the "heavy lifting" has been done to purchase this immaculate 24/7 fitness center - located in the outstanding city of Acworth Ga. in one of the highest traffic areas of North Georgia. Current owners have invested heavily to make this 24/7 welcoming to its members. Tons of residential communities as well as continued development of apartments, town homes and small chain hotels in the surrounding area make membership growth potential explosive. The gym has equipment including treadmills, elliptical machines, stationary bikes, strength equipment, rowers, Smith machines, plate loaded machines, squat racks, free weights, tanning beds, dry sauna, full locker rooms with showers/lockers, overhead TVs, free childcare, group fitness classes, and much more. Affordable membership options, the ability to add personal training packages as an additional revenue stream and growth of the booming health & wellness space makes an exciting turnkey business opportunity.
With low overhead/operational costs, recurring revenue, and detailed playbook for success, this is an exceptional opportunity to be your own boss with a rewarding mission to make a difference in the community.
About the Business
Years in Operation
28
Employees
46
Franchise
This business is an established Georgia Fitness or GF Fitness franchise
Facilities & Assets
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
If you're an energetic individual with a passion for fitness and a knack for business, this established 24-hour gym is the perfect opportunity for you. Features top of the line equipment ranging from cardiovascular to strength training capabilities and tanning beds.
Over 100 parking spots on 2.19 acres. Well maintained building and facilities.
Website
https://georgiafitnessgyms.com/
Market Outlook / Competition
Our gyms are members only/ high level coaching facility. Potential members experience the "wow" factor when they walk into our gyms and see all the equipment and amenities offered at a value price. Key to success is to keep your gyms clean and sanitized, keep your equipment well maintained, hire friendly people and follow the processes, procedures and franchise playbook.
Opportunities for Growth
The surrounding area around the Acworth gym is continuously booming with new construction of residential areas and commercial development, making growth potential tremendous. The health and wellness industry in the United States alone, has reached $480 billion, growing at 5 to 10 percent per year. Eighty-two percent of US consumers now consider wellness a top or important priority in their everyday lives.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
20,460
Rent
$20,300.00 per month
Lease Expiration
7/31/2032
About the Sale
Seller Motivation
This business is currently an established franchise
Transition Support
Franchisor supported training for new owners and staff both online and in-person. Training consists of online training, in-person training and unwavering support from your dedicated franchise business coach. The franchise support center is conveniently located in Acworth, GA.
Financing Options
All-cash, Conv, SBA, Some Owner Financing Available w an Established Franchisee
Listing Info
ID
2393909
Listing Views
1073
Business Location

Contact Seller

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Business Listed by: Dean Gudlauski

Listing ID: 2393909 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.