Listing Number: 76931-329629
Description
Don’t miss this opportunity to purchase a turnkey gym that is part of a global fitness franchise with over 2,000 studios worldwide. Launched in 2011, they were ranked as the fastest growing fitness franchise in the U.S. in 2021, and one of the fastest globally. This gym is strategically located in the middle of the 7th largest market in the U.S., with an existing membership base generating consistent revenues for a buyer to enjoy and build upon. Indeed, given its large size and strong demographics, including roughly 25 apartment complexes within a 2-mile radius, there are ample opportunities for significant membership growth within the current class schedule and gym structure.
This gym already has a management team in place, with a Studio Manager and 6 additional trainers on staff. Its reputation for providing a top-notch workout experience, as well as a tribe-like community, is reflected in its more than 160 google reviews with a 4.9-star rating. This strong, tenured team enables the current owner to operate the business on a semi-absentee basis. The current owner is selling due to a pending relocation outside the U.S.
As consumers continue to learn more about the benefits of good health and fitness, demand for gyms like this one should continue to rise. With Mark Wahlberg currently serving as the F45 Chief Brand Officer, as well as the ongoing development of new strategic partnerships and other initiatives to grow the membership base, this gym is well-positioned for a new owner to scale the business for even greater profitability.
The price is reduced to approximately 20% of newbuild costs.
All reasonable offers will be considered.
Listing Details
- Price: $ 99,000
- Down Payment: $79,000
- Sellers Discretionary Earnings: $ 54,643
- Total Sales: $ 250,252
- Location: Houston, Harris County, Texas
- Inventory: $ 0
- FF&E: $ 150,000
- Employees:
- Year Established: 2020
- Reason for Selling: Seller Relocating
- Category: Fitness
