Fitness Center in Corporate & Residential High Density Location

King County, WA

Seller Financing Available

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Asking Price:$775,000
Gross Revenue:$1,700,000
Cash Flow:$215,000
Rent:$37,000/Month
BUSINESS DESCRIPTION

Semi-Absentee Ownership - Own it for the New Year Resolution Surge

This business acquisition opportunity is a premium fitness center located in the heart of one of the premier business and residential areas in the Puget Sound area. The facility is designed as a multi-studio boutique health club that caters to a diverse range of fitness needs. It offers a variety of amenities including premium locker rooms, towel service, complimentary Wi-Fi, and dry sauna.

The gym features a wide array of equipment for both cardio and strength training, alongside personal training options available in both individual and small group settings. Members can also participate in a comprehensive schedule of group exercise classes, which includes yoga, barre, cycling, weight training, and more, all led by experienced instructors.

The company emphasizes a community-based, holistic approach to health, focusing not only on physical training but on fostering an inclusive environment where members can thrive. Memberships are flexible, available on a month-to-month basis, and designed to accommodate varying fitness goals, from casual workouts to intensive training regimens.

The business is structured for smooth management, with: A full-time manager overseeing daily operations, two full-time front desk staff ensuring excellent customer service and Part-time group and training managers supporting operational and program needs. The owner remains involved in the business on a part-time basis, providing oversight while maintaining flexibility. This model offers potential buyers a well-established, semi-absentee ownership opportunity with room to grow.


DETAILED INFORMATION
Location
King County, WA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
15,200
Financing
The seller will finance a portion of the sale price for a qualified buyer.
Support & Training
The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business.
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Gregory
Kovsky
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Gregory Kovsky