Description of the business for sale
Friendly 24-Hour access neighborhood fitness club (previously a World Gym) established over 19 years with freeway frontage and excellent visibility. The gym has very low overhead with below market rent, low utilities, and no employee expenses as it is owner operated. Long term lease with options, fully equipped, loyal membership base (EFT Income). Same ownership for 19 years. There are over 20 highly experienced independent personal trainers who each have their own unique style of training and who have dedicated long term members. The trainers also bring in additional members on a monthly basis.
Gym is 1 of only 2 comparable gyms within a 5 mile radius. Gym is currently 600 members with capacity for 3,000 members. The reason this gym is currently way under its capacity is because it is absentee owned by 3 of 4 partners and the partners invest no money or time in marketing. The operating owner is busy running the gym and maintaining the loyal base of members. The operating owner does not have any experience in marketing and no time to implement.
If you’re ready to work for yourself and run your own business AND you want a turnkey, profitable investment with much potential, take a look at our gym! The only reason owners want to sell it is because their personal lives have made it so that they no longer have the time to commit to making this gym 3-5x the revenue producer it has the capability of becoming. This gym has vast potential for new owners willing to devote time,