Profitable gym, dialed in systems, strong veteran team!
| Asking Price: | $396,000 |
| Gross Revenue: | $328,000 |
| EBITDA: | $99,659 |
| Established Year: | 2018 |
| Cash Flow: | $79,080 |
| Rent: | $3,050/Month |
| FF&E: | $97,721 |
Increase your yearly income overnight!
Establish profitable gym in Perrysburg, Ohio. This gym has systems for marketing, lead nurture, sales, new client onboarding, long term client journey, programming, team meetings, new coach onboarding, nutrition coaching, and opening/closing procedures.
This gym is profitable without the owner's involvement. With 10-15 hours/wk this business has the upside to increase revenue by another $120,000/yr while maintaining (or increasing) profit margins above 25%.
Paid marketing, lead nurture, cleaning, bookkeeping, building and equipment maintenance, programming and landscaping is all outsourced. There are many opportunities to decrease fixed costs to increase profit margins.
New, long term lease has decreased monthly rent by $1200/mth (this is not included in the profit number shown), utilities have decreased by $500/mth (not shown in the profit number shown), there is a tenant that leases an office in the building for $550/mth (not shown in the profit number) and this location has increased vehicles/day exposure from less than 1,000/day to more than 5,000/day.
The team handles sales consultations remotely which is often a bottleneck in gyms. Sales team members have been in role for 2+ years. Coaches are available for in person consultations if requested. The staff includes two full time coaches, one admin, two remote sales team members (one is also a coach) and five part time team members. Staff retention was 84% in 2022, 100% in 2023, and 77% YTD in 2024. Coaches have been on the team for upwards of 4 years.
Services provided include personal training, adult group training, youth training, nutrition coaching and supplement sales.
Channels for lead generation include organic marketing (email + social media), paid marketing (Facebook + IG ads), business relationships, 1/1 referral program, and live events.
The owner has acquired another business and desires the focus and time spent on the gym weekly (less than 5 hours/wk) to be plugged into the new opportunity while finding a responsible business leader to continue the work they have started with their team.
Seller financing is not available. Financials available upon request.
