South Dakota Gyms for Sale!

Feb 18, 2022 10:38 pm

HAPPY FRIDAY!

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More Information, Please!

Two Fitness Gyms - Southeast SoDak

Asking Price:$650,000

Cash Flow:$236,812

Gross Revenue:$1,049,679

FF&E:$75,000 (Included)

Inventory:$24,000 (Included)

Established:2018

Business Description

Two highly successful turnkey High-Intensity Interval Training (HIIT) fitness gyms for sale. The fitness industry is on a tremendous upward trajectory and these two locations in particular are seeing exponential growth. These are franchise gyms. Ranked by Entrepreneur Magazine and Franchise Times as one of the top franchises. These gyms provide onsite intensive training, coaching, complimentary childcare and nutritional guidance. This is a tremendous opportunity for someone to take over an established business and start earning from day one. There are currently six hundred (600) recurring members paying monthly, annually or semi-annually membership dues. First location was established in 2018. Second location opened in 2021 and is already profitable. The business sells a retail line and branded nutritional supplements. Has an attractive long-term lease with two additional five year renewal periods for the two locations consisting of 5,738 SF and 5,700 SF. The franchisor provides extensive operational training and support. This is a great opportunity to be your own boss, in a great industry, helping people enjoy a healthy life style. Everything is in place for you to take over and be very successful.

Detailed Information

Inventory: Included in asking price

Employees: 3 FT/28 PT

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Two locations for sale. The original gym established in 2018 is 5,738 SF and is in a strip mall. The second location established in 2021 is 5,700 SF in a stand-alone building.

Growth & Expansion: Seller has purchased other territories that could be transferred to buyer for future development.

Financing: Lender pre-screened with $97,500 down.

Support & Training: Will train for 2 weeks @ $0 cost. Franchisor will require one week of operational training and a franchise transfer fee. Franchisee will be subject to approval by Franchisor All normal governmental licenses and permits will be required.

Reason for Selling: Owner pursuing new business opportunity not in fitness industry.

Franchise: This business is an established franchise

More Information, Please!

I'm looking forward to hearing from you soon!

Be Well,

Josh

JOSH GRODE WOLTERS, MA, MBA, BTS

Business Broker | M&A Advisor

· $23M closed transactions ·