See Similar Listings

2 ABSENTEE owned fitness center locations in Houston!

Houston, TX

Seller Financing Available

Newly Renovated Studio!
Asking Price:$300,000
Gross Revenue:$600,000
EBITDA:$100,000
Cash Flow:$100,000
Rent:$15,000/Month
Established Year:2017
Listing ID: 2306156Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well established fitness centers in high traffic areas. I bought them in 2019 and have owned them for 5 years. We survived covid, when 30%+ of fitness centers closed. Dedicated and tenured manager and staff. I run the fitness centers on an absentee basis with my manager handling all of the day to day work. We have low cost per lead and low cost to acquire. We close members above the industry average. I spend about 30 minutes a week on them, mostly to run payroll after the manager approves hours. Great investment for a working professional that wants to supplement their income or a fitness industry professional that wants to own and operate their own fitness studio! Send me an email if this is something that looks interesting to you!

DETAILED INFORMATION
Location
Houston, TX
Inventory
Not Included in asking price
Real Estate
Leased
Employees
10
Facilities
Both locations have new equipment. One location has recently undergone a major renovation.
Competition
Limited direct competitors, but other gyms and fitness centers are in the two areas we are in.
Growth & Expansion
Sell more merchandise, add a juice / coffee bar, add a vending machine, provide personal training, run the business hands on and take the manager's salary, run social media ads yourself
Financing
Flexible on seller financing for qualified purchasers.
Support & Training
2 weeks hands on, then available for calls and emails.
Reason for Selling
Divorce
Franchise
This business is an established franchise
Report an Issue with this listing
Rob VanPaasschen
Rob Van Paasschen