Community Centric Fitness Class Gym- Strength & Cardio

Fresno, CA
listing image
Asking Price:$140,000
Gross Revenue:$145,150
FF&E:$65,000
Cash Flow:$40,000
Rent:$4,150/Month
Established Year:2019
BUSINESS DESCRIPTION

Title 29 Fitness

Featuring a strong member base and state of the art equipment - The gym is full equipped with barbells, rig, cardio machines, dumbbells, kettlebells, bands, pulleys, kickboxing bags and so much more! We run 7 classes a day that are 45minutes long. All workouts are programmed and are led by coach on staff. Lastly, there is no debt on the business!! All equipment is owned outright.


DETAILED INFORMATION
Location
Fresno, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,100
Lease Expiration
01/03/2027
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Full equipped gym- Dumbbells ranging from 3-90 20+ Kettlebells 8 person rig 10 Kickboxing bags + Kickboxing rig Rowers Ski ergs Stationary Bikes Bands Landmine Bumper Plates TRX Pulleys 4 TVS Laptop Kid's Room Bathroom (1) Mens and Women's Olympic Bars 8 Rogue Benches Rubbermat flooring throughout whole facility Wodify and Myzone software Laptop Front Desk Water dispenser InBody Vending Fridge Medballs Yoga Blocks Abmat Jump Ropes
Competition
Very Strong. After have one of our main competitors close in the recent months- we have seen an uptick in our members. No small group instructor led gyms within 10miles- only big box commercial gyms.
Growth & Expansion
There was Title 29 Fitness in Clovis as well but previous owner sold it. I know many previous Clovis members would love to have it back.
Reason for Selling
Relocating to Southern California for a job promotion
Franchise
This business is an established franchise

BUSINESS LOCATION
Report an Issue with this listing
Donovan Ellis
Donovan Ellis