Absentee Owned Specialized Fitness Center

North Carolina

Seller Financing Available

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Asking Price:$500,000
Gross Revenue:$623,164
Rent:$11,998
Established Year:2021
Cash Flow:$68,048
Inventory:$1,000
FF&E:$184,343
BUSINESS DESCRIPTION

Buy an existing and fast-growing Specialized Fitness Center located in one of the fastest-growing areas in the country. Revenue has increased every year since the owner opened the 8,500-square-foot facility. The facility is state of the art and the owner invested over 500k in the initial buildout. The fully staff facility has become the go-to place for individuals looking to advance their total athletic ability. In addition, the Specialized Fitness Center exists to help people become their best and provides the community, accountability, and proven process to get them there, no matter their age or level of fitness.
No other fitness center provides the diversity of options, the wide market, and the strong community integration that this facility delivers. When it comes to overall development this facility represents the pinnacle of training and workouts for every athlete, regardless of where they are in their development.

The owner is completely absent and checks in on the business a few hours a week. Providing a great opportunity for an investor to take over and continue to grow the business hands-off or an owner-operator looking to keep the blood boiling daily.


DETAILED INFORMATION
Location
North Carolina
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,500
Lease Expiration
04/09/2031
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
There are other fitness centers in the area but none offer the specialized training that this facility offers.
Growth & Expansion
Implementing a strong referral program and fostering relationships with local schools and travel teams in the area would greatly increase revenue.
Support & Training
4 weeks
Reason for Selling
other interest
Franchise
This business is an established franchise
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Gregory
Barnes
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Gregory Barnes