Established turn key gym business
Grand Forks, ND
| Asking Price: | $350,000 |
| Gross Revenue: | $450,000 |
| Rent: | $8,800/Month |
| Established Year: | 2021 |
| Cash Flow: | $90,000 |
| Inventory: | $500 |
| FF&E: | $13,000 |
Listing ID: 2259295Listing provided by BizBuySell
BUSINESS DESCRIPTION
A franchise gym with a healthy membership base that makes the business profitable and fun to run! The gym is set up for 30 minute coach led sessions and we run 7-11 session per day. Fully staffed so if you wanted to take it over and not work inside the business that would be just fine! The property company/people we lease through are amazing people to work with as we have never had any issues with them getting things done that needed to be fixed inside the location.
DETAILED INFORMATION
Location
Grand Forks, ND
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,900
Lease Expiration
01/05/2026
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Main desk in front, All workout flooring plus workout equipment would stay. Office desk and chairs, along with front desk computer and cubbies. Also have 2 ipads that will stay as well.
Competition
Not a lot of competition in regards to gyms. Mainly orange theory and another big city gym is all.
Growth & Expansion
Could buy another location in Fargo if you wanted both. There is already plenty of room for any number of members you get in this location.
Financing
none
Support & Training
I can teach the billing system although the staff know how to run that until you would switch over to whatever you want. We can teach how to run the sessions if need be as well. i am sure you will want to run it the way you want it run.
Reason for Selling
Going into another career. I have run this gym and another in Fargo for 6 years
Franchise
This business is an established franchise
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