Under Contract
Property Details

Under Contract
Description

Thriving Fitness Center in Sacramento County

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• Loyal and growing membership
• Very profitable economic characteristics: recurring revenue and fixed costs
• Revenues grew 30% during the past 3 years while profits doubled!
• Limited competition and only 24/7 fitness center in radius
• Well-established and widely respected in the community
• Ideal for either owner-manager or absentee owner
• Location: growing city in Sacramento county

Location: Sacramento County, CA

Inventory: Included in asking price

Real Estate: Leased

Building SF:3,542 Lease Expiration: 1/31/2025

Employees:5

Facilities:This gym provides access to a clean, safe space to exercise 24 hours a day, 7 days a week and is fully-equipped with high-quality cardio and weight machines. The facility is in outstanding condition after the owners remodeled the fitness center in 2018. In addition, to access to the fitness center, this gym offers team workouts designed to build strength and endurance, using the energy of the group and the expertise of the class instructor to maximize member results. Currently, the offering of personal training is limited and could be expanded.

Competition:During the past three years, this gym grew its membership by approximately 30%. Being situated in a popular and growing area, it is poised for continued growth. Its fixed cost structure means this growth will be very profitable.

Growth & Expansion: The gym currently offers very limited personal training to its members. This is a significant growth opportunity for the new owner, but it would require hiring personal trainers.

Support & Training: The seller is motivated to sell the company to a buyer who sees the growth and profit potential. The seller is willing to remain with the company after the sale for a negotiable amount of time to assist with the continued development of the business and to make the transition as seamless as possible.

Reason for Selling: The owner is looking to sell the business due to health problems.

Property Features