Tupelo Data Room
Gyms & Fitness Centers, Other Health Care & Fitness
Active

Boutique Franchise Gym in Upscale Greensboro Suburb

Greensboro, North Carolina, United States
Asking Price$65k
Revenue$274k
EBITDA-
Cash Flow-
Description
RARE OPPORTUNITY. Only three years old, this popular gym has a beautiful build out and fantastic location. Seller has been unable to dedicate the time to ramp up sales due to a family matter but there is huge potential to ramp up membership base. This is an excellent opportunity for either a hands-on owner or a great deal on an investment to take over and sell for a large profit! All equipment is in great shape, nothing is needing to be replaced or invested in otherwise. Owner will stay on to provide training and teach classes if desired. Contact us today - this is a steal!
Real Estate
Rent is $6,066 per month
Building Size: 2800 sq. ft.
Furniture Fixtures & Equipment
$25k
Inventory
$2kIncluded in Asking Price
Number of EmployeesPart-Time: 13
Year Established
2021
Reason Selling
Family matter
Facilities & Assets
Lease Info: Lease Expiration: October 2030 Lease Options: 2 five year options Built Out Cost: $400,000
Support & Training
2 weeks+
Market & Competition
There are many other small gyms in the general but very few with upscale interior and flexibility for training and classes and this particular neighborhood.
Growth Opportunities
Great investment opportunity or for hands-on owner.
Asking Price$65k