Large Fitness Facility with Real Estate

North Carolina
Fitness Center
Asking Price:$3,950,000
Inventory:$1,000
Real Estate:$3,650,000
Gross Revenue:$640,000
FF&E:$300,000
BUSINESS DESCRIPTION

This sports complex can be continued as a fitness center or could be transformed into office, medical. This facility has many possibilities due to location. 2023 revenues up 35% from 2022.


DETAILED INFORMATION
Location
North Carolina
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
25,000
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Excellent floorplan for sports complex, large rooms, nice windows for natural sunlight, multiple bathrooms, locker rooms, offices, storage rooms, fire walls & multiple outside doors. 75% New cardio equipment (new treadmills, ellipticals, AMTs and recumbent bikes). 50% new weight room equipment. Jacob's Ladder, Basketball court, Aerobic Studio & a pool! Large parking lot with more acreage to expand for outdoor Tennis/pickleball courts. This price includes all workout equipment. More details & a list of equipment with signed confidentiality agreement.
Competition
Beautiful facility. Excellent location. Other smaller gyms but nothing like what this facility offers. Senior and kid programs, camps and events.
Growth & Expansion
Marketing, corporate memberships, more services, events
Financing
Possible assumable loan for qualified buyer
Support & Training
Training available as needed. Employees would like to stay.
Reason for Selling
Retirement
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