Private Personal Training studio for sale

Baltimore County, MD
listing image
Asking Price:$255,000
Gross Revenue:$425,000
Rent:$6,000/Month
FF&E:$50,000
Cash Flow:$85,000
Inventory:$500
EBITDA:$90,000
Established Year:2008
BUSINESS DESCRIPTION

Established, profitable, high-end training studio available

Private, personal training studio, mostly 1:1 training with 10% small group training. Long time leader in the industry and community with established book of affluent clients. Experienced and outstanding training staff that functions well as a team. Ideal for owner / operator or investment opportunity for the right owner who can be a strong leader.


DETAILED INFORMATION
Location
Baltimore County, MD
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,200
Lease Expiration
31/03/2028
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully finished and equipped studio in attractive, professional shopping center conveniently located to serve community. Abundant parking and well maintained real estate with great signage. Excellent lease and landlord situation. A business ready to take over and with a little focused effort, quickly grow to peak capacity and profit.
Competition
Minimal competition in market. This personal training studio only offers private 1:1 training as opposed to larger, big box gyms in area. Clientele is mostly 55 plus and retention is over 90%. There are 2 - 3 other small, owner operated studios on Reisterstown road corridor with much smaller books of clients. There are also other franchises like Orange Theory, Club Pilates, but clients desire individual attention and service in an upscale environment with private 1:1 training option.
Growth & Expansion
Another 15 clients or so added to the book with some marketing spend would greatly increase cash flow in this studio with minimal added expense. Current owner as been offsite for the last 6 years however there is a strong team of trainers and management in place.
Support & Training
Franchise offers complete new owner education and support. Existing owner is available for consultation for 30 days.
Reason for Selling
Have strong growth opportunities out of state.
Franchise
This business is an established franchise
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Mark Dees
Mark Dees