Well-Established Boutique-Style Gym on the Emerald Coast
Okaloosa County, FL
| Asking Price: | $299,000 |
| Gross Revenue: | $215,001 |
| Rent: | $3,610/Month |
| Established Year: | 1980 |
| Cash Flow: | $85,360 |
| Inventory: | $100,000 |
| FF&E: | $20,000 |
Listing ID: 2243315Listing provided by BizBuySell
BUSINESS DESCRIPTION
This boutique-style fitness center recently remodeled is renowned for its comprehensive array of equipment, including state-of-the-art treadmills, versatile bikes, a Step mill, various rowing and skiing machines, an assortment of free weights like dumbbells and kettlebells, multiple squat racks, a Smith machine, advanced Nautilus Freedom Trainer, sturdy Rogue benches, and the distinctive Booty Builder. What truly sets this gym apart is the vibrant community of members whose camaraderie and enthusiasm foster an ideal atmosphere for anyone’s fitness journey. NO FRANCHISE FEES!!!
DETAILED INFORMATION
Location
Okaloosa County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,400
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This boutique-style gym boasts a comprehensive range of high-quality fitness equipment and facilities. The gym is outfitted with Assault treadmills, Airdyne bikes, and a Stepmill for cardio workouts. For strength training, it offers a variety of equipment including dumbbells, kettlebells, squat racks, a Smith machine, and Rogue benches. The gym also features a Nautilus Freedom Trainer for functional training. Unique to this facility is the Booty Builder, a specialized machine designed for effective glute workouts.
Competition
There are always other gym options, that's why we focus on the boutique-style.
Growth & Expansion
The business is poised for significant growth, a new Publix plaza is being constructed across the street, which is expected to attract a large influx of customers to the area. Despite the business’s potential, it has never been advertised on social media, local papers, or radio, indicating a wealth of untapped marketing opportunities. A new owner could significantly expand the business by leveraging these channels. Utilizing social media and Google for advertising could dramatically increase visibility and customer reach.
Support & Training
Seller willing to transition as needed.
Reason for Selling
Other business interest
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