Our fitness center is a simple business founded on 3 principles: friendliness, cleanliness, and functioning equipment. The 17,000 sq foot gym serves a mostly adult client base focusing on weight & cardio training with a membership of close to 2,000 clients. They offer a wide variety of free classes to members including yoga, suspension training, senior-friendly programs, and several different types of Zumba classes. The gym is professionally cleaned nightly, and they use competent technicians to keep all equipment functional and usable.
The business currently leases a 17,000 sq/ft facility with several weight, training and cardio rooms in addition to tanning beds, a meeting room, storage areas and offices.
2022 Revenue: $830,000 – 2023 Forecast $990,000
2022 Cashflow: $147,000 – 2023 Forecast $315,000
Asking Price: $800,000
Included in the Asking Price: Gym equipment valued at $310,000
Competition: While there are several other gyms in the city, our gym faces little competition and is in an excellent location. Somewhat nearby is another fitness franchise that caters to a lower priced client.
Growth and Expansion: There is substantial opportunity for growth in the business as there are currently over 900 apartment units, 65 new home sites, and 235 senior living units coming to market within a 3 mile radius of the gym in the near future. This fitness center would be an ideal acquisition for an individual buyer with a fitness orientation and entrepreneurial skills, or another gym owner seeking to expand in Colorado.
About the Sale
The owner wants to pursue other business opportunities. They are willing to support the buyer through the business transition for 30 days free.
All information contained herein provided by business owner, to be verified by buyer, and not warranted by Crestone Business Group. For more information on this or other profitable business opportunities, please contact: