Business Summary

This well-established fitness studio in Grand Rapids, Michigan, offers an attractive investment opportunity. Situated in a modern, clean facility along a high-traffic corridor with favorable demographics, the business has demonstrated consistent profitability year after year. The studio provides flexibility for potential buyers, with options to cancel the franchise agreement and implement a cost-effective digital tracking and display system as an alternative to the current corporate software, or to completely change the format.

The business operates with limited owner involvement, primarily requiring management oversight and bookkeeping. A strong organizational culture and experienced staff, including trainers with management backgrounds, make it suitable for an absentee owner. Although the current owners are looking to pursue new ventures, they are committed to ensuring a smooth transition by assisting the new owner in maintaining client relationships and staff continuity.

Details:

Year Established: 2017
2024 Revenue: $236,000
2024 SDE: $70,000
Equipment: $75,000
Real Estate: Leased
Employees: 1 full-time and 4 part-time

Investment Highlights:
• Stable client base
• Dedicated people and positive work environment
• Established studio past the startup phase
• Currently under a franchise agreement which can be terminated if desired