Profitable Boutique Gym with Loyal Membership & Prime Location

Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$410,000

Inventory$1,000
Included in asking price
FF&E$100,000
Included in asking price
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Profitable Boutique Gym with Loyal Membership & Prime Location


Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$410,000

Inventory$1,000
Included in asking price
FF&E$100,000
Included in asking price
Business Description
A Turnkey Business in Premium Federal Hill Location - Cash Buyers Only
Established Boutique Fitness Club in Historic Federal Hill – 24 Years of Success

Rare opportunity to acquire one of Baltimore's longest-established independent fitness clubs, serving the vibrant Federal Hill community for more than 24 years. This opportunity is intended for qualified all-cash buyers who plan to be owner-operators. Financing contingencies and absentee ownership will not be considered.

FH Fitness has built a loyal membership base, a strong local reputation, and consistent recurring revenue in one of Baltimore's most desirable neighborhoods.

The club occupies approximately 6,200 square feet in a unique industrial-style facility featuring renovated locker rooms, strength and functional training areas, cardio equipment, group fitness space, and personal training facilities. Located adjacent to Cross Street Market with convenient garage parking, the business benefits from exceptional visibility and walkability.

The business generates approximately $410,000+ in annual revenue, with the majority coming from recurring monthly memberships supplemented by personal training and small-group training. The recurring membership model provides stable, predictable cash flow while offering meaningful upside through expanded personal training, corporate wellness, youth programs, specialty classes, nutrition coaching, and community partnerships.

This business is ideally suited for a fitness professional, personal trainer, entrepreneur, or experienced operator who wants to own and actively manage an established club with significant growth potential. An engaged owner-operator can build on the strong foundation already in place while benefiting from an established membership base and documented operating systems.

The current owner has invested significantly in equipment, renovations, systems, and operating procedures. The sale includes established software systems, documented processes, marketing assets, vendor relationships, and an experienced member community, providing a smooth transition for new ownership.

The seller is committed to a successful transition and will provide training and support to the new owner.

A new long-term lease is available, and the landlord is committed to the continued success of the location.

To respect the privacy of members and staff, all inquiries will be handled confidentially. Additional financial information, membership metrics, and operational details will be provided to qualified buyers after execution of a confidentiality agreement and verification of financial capability.

All systems are web-based
All procurement is web-based
Financials are clean, organized, and professionally maintained
Industry standard member management software
No deferred maintenance
1st page search results
Highly rated by clients
Significant upside from growing the training business post purchase
About the Business
Years in Operation
24
Employees
14 Part-time
Single front desk person at all hours + instructors and trainers
Facilities & Assets
Equipment and facility have been extremely well maintained with annual capex on new equipments and updates every year. No deferred maintenance. This is a turnkey business for an experienced operator to grow.
Website
https://fhfitness.com/
Market Outlook / Competition
The business has consistently generated profits for more than two decades, successfully navigating evolving fitness trends, economic cycles, increased competition, and the COVID-19 pandemic. Its location is a significant competitive advantage, with approximately 90% of members living or working within walking distance, resulting in exceptional convenience, strong member loyalty, and predictable recurring revenue.
Opportunities for Growth
The business offers meaningful upside for a hands-on owner-operator. A loyal recurring membership base provides stable, predictable cash flow, while personal training revenue remains well below its potential. An owner who excels at sales, member engagement, and local marketing has a clear opportunity to increase both revenue and profitability without fundamentally changing the business model.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,250
Rent
$8,750.00 per month
Lease Expiration
12/29/2032
About the Sale
Seller Motivation
Long-planned sale; timing aligns with owner's succession plan.
Transition Support
Owner will offer an extended transition period for a qualified buyer. Qualified = cash buyer plus industry experience.
Financing Options
Only considering cash buyers - Must be able to prove liquidity to be considered
Listing Info
ID
2469222
Listing Views
Business Location

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Business Listed by: Justin Shelby

Listing ID: 2469222 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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