An established gym with a growing base of hundreds of members is for sale in the Seacoast New Hampshire area! The gym offers cardio and strength machines, free weights, and a large variety of fitness classes taught by a team of certified instructors. The gym also offers personal and small group training options. The space has been completely remodeled within the last year and the equipment is all brand new. This is a profitable, turnkey operation with very little involvement by owner. It’s in an excellent location that is set up for continued success.
With recent changes, an Owner working in the business could expect $65,000+ for discretionary income.
Business Price: $110,000
Furniture, Fixtures, & Equipment (FF&E): $80,000
Sellers Discretionary Income: $65,000
Real Estate: Leased
Facilities: The business is located in a high traffic location, close to major highways and shopping areas. The gym has multiple studio spaces, a large cardio area, a free weight area, a childcare room and spacious locker rooms. The gym was repainted within the last year and new flooring was installed in the studio spaces.
Competition: There are a number of other gyms in the area but still plenty of room for growth.
Growth & Expansion: The gym membership has been growing significantly at various price levels while continuing to retain customers. There are many ways to boost revenues including increasing marketing efforts, offering more classes and specialized programs such as offering massages, and gym apparel.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Divestiture
Location shown on the Map below is not correct. To learn more about the business and the location, please complete the attached NDA and email to info@FirstStreetBB.com or Fax us at 603-501-3241.