Franchise Gym for Sale in Calgary

Calgary, AB

Seller Financing Available

Asking Price:	$350,000
Gross Revenue:	$725,000
FF&E:	$350,000

Cash Flow:	$62,000
Rent:	$32,000/Month
Established Year:	2019

Listing ID: 2257949Listing provided by BizBuySell

BUSINESS DESCRIPTION

Great potential for owner operator

A rare opportunity to own a well-established fitness center in SE Calgary, opened in September 2019, showcasing rapid initial growth, and resilient performance through fluctuating market conditions, boasting a steady growth trajectory in the past 18 months. Currently serving 1050 dedicated members, this business is housed in a 7,200 sq. ft. facility, offering a wide range of high-end equipment and specialized zones, including a 1000 sq. ft. indoor turf area. Despite challenges, the business has maintained consistent revenue, primarily sourced from bi-weekly membership rates and bolstered by a personal training segment with significant growth potential. This gem stands out for its competitive pricing, community feel, and excellent equipment, offering an unmatched value proposition in the local fitness scene. The gym operates under smooth, streamlined management with a stable team, ensuring a seamless transition to new ownership poised for further success.

DETAILED INFORMATION

Location

Calgary, AB

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

7,200

Lease Expiration

30/09/2029

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

This business is housed in a 7,200 sq. ft. facility, offering a wide range of high-end equipment and specialized zones, including a 1,000 sq. ft. indoor turf area.

Competition

The fitness industry has demonstrated remarkable resilience and growth, particularly evident in the demand for local gyms that offer personalized experiences and high-quality equipment. According to industry analysis from sources such as IBISWorld, there's a clear trend towards health and wellness, driving membership growth at fitness facilities. The target business operates within this lucrative sector, offering a comprehensive range of services and facilities that cater to a broad demographic, from teenagers to seniors, positioning it well for success.

Growth & Expansion

The business possesses significant growth and expansion opportunities. Increasing the existing member rates and expanding personal training offerings represent immediate revenue growth avenues, potentially increasing monthly revenue significantly. With a strong base of 1050 members, there's scope to enhance the service portfolio and introduce additional fitness classes and health-related services. Leveraging internet marketing and community engagement could further elevate brand visibility and attract new memberships, capitalizing on the untapped market.

Financing

$50,000 seller note offered to a qualified buyer.

Support & Training

2 weeks.

Reason for Selling

Moving more to semi retirement – business needs an owner/operator to reach its p

Franchise

This business is an established franchise

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