Women's Gym
Location: Virginia > Tidewater
Industry: Health and Medical > Health Clubs and Spas
Financials
Asking Price: $200,000
Gross Revenue: $84,000
Cash Flow: $23,160
Business Summary
Excellent Women's Gym franchise opportunity. Located in large strip mall, highly visible with large traffic volume. Currently having about 180 members. Established 4 years ago serving local clients. Average age of current clients is 45. Business promotes healthy choices, self-confidence, achieving fitness goals, keeping a body strong and lean. Personalized training, nutritional guidance, group fitness classes, with free initial visits leading into either a 12 or 18 month program. System is set for new owner to step right on it.
About the Business
Year Established: 2004
Facilities: Current lease is good until November 2009. Franchise agreement will have to be reviewed for new owner.
Market Outlook and Competition: New programs coming up like the six-week weight loss program will help increase membership. Would suggest an online program for advertising. Currently there are young women that come to the gym, would expand that program for them, possibility of a mother/daughter program. New owner should be present while the business is in operation, this too would cut down on payroll expenses.
About the Sale
Reason For Selling: Current owner is selling business only because she has her second child on the way.
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