Profitable, Established Gym Development Service Company

Austin, TX

Seller Financing Available

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Asking Price:$875,000
Gross Revenue:$979,059
Cash Flow:$324,050
Established Year:2010
BUSINESS DESCRIPTION

For over 14 years, we have been building and outfitting gyms across Taxes and Arizona. Our niche has been delivering premium
fitness experiences for luxury apartments by not only designing gyms and providing equipment, but also installing fitness
classes and personal trainers. We have preferred vendor relationships with some of the biggest apartment buildings contractors in Texas and Arizona, including a 12-year relationship the number one multifamily housing
builder in the United States.
Our business model includes: Designing and building out a gym space in an apartment complex, installing gym equipment, building scheduled fitness programs that include contracted trainers, and securing annual maintenance contracts.
Current business will continue to bring in revenue through 2026.
Opportunities for growth include:
- expanding capability to new geographies
- adding more classes to current clients


DETAILED INFORMATION
Location
Austin, TX
Inventory
Not Included in asking price
Employees
1
Facilities
There are no assets nor facilities. Owner and single employee work from home. The seven other associates are contractors.
Growth & Expansion
The largest expansion opportunity is for the fitness classes. That part of the business used to be more than three times larger before COVID. Gym Studios also has a very good relationship with the largest apartment complex builder in the USA.
Financing
10% of the sale price
Support & Training
Current owner will train new owner on how to design and select equipment for the apartment gyms. There is a formula that can be used to determine how much and which type of equipment is needed. The owner is flexible with support and wants the business to be successful after the sale.
Reason for Selling
Serial entrepreneur pursuing new ventures
Home-Based
This business is Home-Based
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Trent
Bates
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Trent Bates