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Asking Price$99,995
Revenue$384,441 Established1988
Cash Flow$49,517 Employees7 full, 4 part
FF&E$75,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Full service health club that has been providing friendly, personal attention to help members stay fit, active and healthy. A combination of quality programs, services, amenities, and superior facilities has enabled the business to be a staple in the Northern Virginia fitness club community for over 25 years. The club provides a friendly, motivating and energizing environment for all physical activities whether you are just starting out or have been training hard for years. The club offers various membership options, including annual, month to month, student summer/holiday, as well as daily, weekly and monthly to better suit the needs of all prospective members. All memberships provide 24/7 club access staffed by a dedicated team of employees. The club combines a full range of fitness and exercise equipment and facilities with professional trainers and personally tailored programs. They have also partnered with Diet to Go to enable members to easily pick up their meals at the club. All the hard work has been done with a recurring revenue stream and customer base all without having to pay franchise fees since the clubs are established independent locations with good brand recognition in the area from two close by locations. Great opportunity to recapture and expand sales and income in the expanding fitness industry with an established and well maintained facility and EFT client base. There are currently approx. 625 EFT Members generating about $22k/mo in recurring revenue. Additionally, the Diet to Go partnership generates $400-$500 a month in commissions. This is a perfect opportunity for someone looking to enter into the health club and fitness center industry or an existing health club looking to expand for less then start up costs. As 2 locations are for sale (the other listing is HZ259DZ), the owner will consider negotiating a package deal for both locations. For more information, please contact us today!
Facilities:24 Hour Fitness servicing teenage through senior clients looking to improve from general fitness to athletic performance. Large selection of Strength and Cardio vascular equipment including: Nautilus, Icarian, Free Motion, Magnum, Hammer Strength, Precor Ellipticals, Life Fitness & Stairmaster Recumbent & Upright Bikes, Stairmaster Climbers, Life Fitness & Nautilus Treadmills. Cardio Theatre Room. Nice Locker Rooms with Dry Heat Saunas, Showers and day use lockers. Available Personal Training and Massage Services. There is an adjoining space of about 10,000 sq ft that is a fitness sport-plex may be available for expansion.
Competition:Standard Competition for the industry in the market.
Growth Potential:There is significant opportunity to grow the membership base by creating a sales and marketing strategy for the gym. A new owner could also add new classes, programs, or expand personal training - all of which would dramatically increase revenue. There is also opportunity to hire a massage therapist as there are 2 rooms and currently no massage therapy services offered.
Training/Support:Seller will provide necessary training and support (2-4 weeks).
Seller Financing:Available depending on the final purchase price, terms, and qualifications of the buyer.
Sale Reason:Retiring from the industry after 30 years to pursue new job opportunity.
Ad #86892
Seller Reference #HZ258DZ
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