Womens Gym & Fitness Center
Location: Virginia > Prince William County
Industry: Health and Medical > Other Health and Medical
Financials
Asking Price: $190,000
Gross Revenue: $414,000
Gross Revenue Comments: steady increase in sales
Cash Flow Comments: please contact to discuss cash flow
FF&E: $91,000 (Included in Asking Price)
Seller Financing: May Consider for Qualified Buyer
Business Summary
Well Established Franchised Women’s Gym/Fitness Center. The Center also offers great classes and even tanning which is very profitable. The Gym opened in 2003 and has a large, loyal customer base, currently has about 850 active members. The Gym has increased their memberships about 10% a year and Gross Revenues an average of 20-30% a year. The Fitness Center is located in major shopping center in the Heart of Prince William County surrounded by several communities. There are currently two owners who have had a great partnership, unfortunately one of them is moving out of state which is forcing the sale of this Beautiful Fitness Center/Gym. Don’t let this pass you by, all offers will be considered! For more information regarding this great opportunity please contact Dustin Zeher at 571-437-5135.
About the Business
Year Established: 2001
Employees: 19 part time
Facilities: The Facility is in a 5400 sq ft space in a prime location in a very nice well taken care of shopping center. The Space is leased at $12k/mo. There is ample parking for all customers in the shopping center. The utilities average about 700/mo
Market Outlook and Competition: Standard Competition for Gyms, but nothing like this for a womens only facility.
About the Sale
Management Training and Support: Will Stay and Train for a reasonable transition. One of the partners will stay as an employee if new owner is interested in keeping them, they are a huge asset to the business!
Reason For Selling: Dissolving Partnership, one of the partners is moving out of the state.
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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. Please review the full Disclaimer here.
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