Group Fitness Gym in Great Location with room for growth.

Phoenix, AZ

Seller Financing Available

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Asking Price:$110,000
Rent:$8,374
Established Year:2022
Gross Revenue:$131,000
FF&E:$70,000
BUSINESS DESCRIPTION

Great Opportunity!

This recently established group fitness gym, less than 2 years old, is strategically situated in a bustling retail center adjacent to a prominent grocery store. This opportunity is suitable for either an owner-operator or investor. The gym has experienced a robust beginning, cultivating an active client base that has organically grown to between 65 and 100 members. With no additional classes or infrastructure, the client count could readily double.

An ideal owner with strong marketing and operational acumen possesses all the necessary tools to elevate this business to its full potential. The gym is outfitted with state-of-the-art training equipment and facilities. There are multiple avenues to increase revenue streams, such as offering additional services like personal training, massage therapy, stretching services, and 24/7 access memberships.

The current owner is pursuing other ventures, diverting attention from this business, prompting the decision to sell. The business is listed at an attractive price far below what the original setup cost was.
Originally established in 2022 to provide a boutique affordable for group fitness in the local area.


DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,508
Lease Expiration
01/09/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Originally established in 2022 to provide a boutique affordable for group fitness in the local area.
Support & Training
2 weeks
Reason for Selling
Pursuing Personal Endeavours
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Darrell
Doust
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Darrell Doust