Beautiful 24 hour fitness center now for sale

Colorado Springs, CO
Nice 24 hour Gym for sale!
Asking Price:$399,900
Gross Revenue:$157,500
EBITDA:$125,000
Established Year:2023
Cash Flow:$125,000
Rent:$4,024/Month
FF&E:$135,000
BUSINESS DESCRIPTION

Newly established fitness 24 hour center with all equipment and inventory included in the asking price. Excellent location with an ability to expand and/or add other similar businesses. A great seller to assist you in a successful transition. Built for freedom and flexibility of the owner's schedule. Exercise and power lift as much as you want while you are at "work." Do what you love and make a nice living at the same time. This is a one owner business, however, you can hire others if you choose to add even more freedom and flexibility.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,099
Lease Expiration
31/05/2028
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Great newer shopping center with very adequate parking with a clean fitness center for physical training sessions. Stucco exterior with large windows.
Competition
There are very few 24 hour gyms/fitness centers in the Colorado Springs area. This one has a very good reputation and does give a discount to the military, veterans and first responders.
Growth & Expansion
A new owner with experience could add more personal training/coaching/testing/aerobic sessions. Adding more memberships. Advertising would add more business. There is an ability to expand or add more space right next to this location if the new owner wants expansion or to add other similar businesses.
Financing
We have many lenders standing by
Support & Training
TBD based upon the needs of the buyer.
Reason for Selling
Owner wants to spend more time with family
Report an Issue with this listing
profile-img
Patrick
Scheetz
logo-img
Patrick Scheetz