Health and Fitness Club Chain
Business Description
The Company is a chain of seven health and fitness clubs in eastern Iowa. The Company has over 40 years of experience providing access to health clubs, personal training & sports performance, group fitness, and additional services.
Key Aspects
· The Company has a strong reputation in the industry with over 40 years
of operating history
· Management estimates that recurring membership revenue accounted
for approximately 90% of total revenue in 2024
· The Company's memberships grew from 7,967 in 2021 to 9,739 by the end
of 2024
· The entity that experienced the strongest growth in health & fitness club
memberships grew at a compound annual growth rate (CAGR) of 7.4% from 2020 through 2024
· Financials as of 12/24
REF-BN000054952
Key Aspects
· The Company has a strong reputation in the industry with over 40 years
of operating history
· Management estimates that recurring membership revenue accounted
for approximately 90% of total revenue in 2024
· The Company's memberships grew from 7,967 in 2021 to 9,739 by the end
of 2024
· The entity that experienced the strongest growth in health & fitness club
memberships grew at a compound annual growth rate (CAGR) of 7.4% from 2020 through 2024
· Financials as of 12/24
REF-BN000054952
About the Business
- Opportunities for Growth
- · Expand geographically to reach additional customer markets within
the state of Iowa and the Midwest
· Grow corporate partnerships including onsite services through
focused sales & marketing efforts
· Increase services by offering virtual workout classes
· Increase customer loyalty by developing an app to track personal
wellness goals
· Grow customer retention by offering loyalty rewards program
· Roll out med spa and recovery services to include IV & red-light
therapy, micro needling, lip fillers, and Botox injections
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2378790
- Listing Views
- 194
Listing ID: 2378790 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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