Hot Listing
Profitable, Full Service Fitness Center w/ Pool, Real Estate Include
Business Description
INVESTMENT HIGHLIGHTS
• 5,700 Members
• Over 100 Classes & Programs Offered
• 36,500 SF Purpose-built Facility
• Monthly Recurring Revenue: $237,000
• TTM Revenue: $2,880,000
• TTM EBITDA: $1,082,000 (includes $660K in rent to owners)
• Real estate is included in the transaction
• SBA Pre-Approval for 90% of the purchase price
DESCRIPTION
Our client is a profitable, professionally run fitness and indoor aquatic center featuring extensive cardio and strength equipment, two indoor pools, a half basketball court, circuit training, a wide range of group exercise classes, swim lessons, personal training, multiple kids’ areas, and modern, well-maintained locker rooms, including several private, individual changing rooms.
Located in a desirable, affluent suburb within easy driving distance of Washington, DC, the club has over 5,700 members. It is the only full-service fitness center with an indoor sports court and two indoor pools in the area.
The Club’s service market has excellent demographics, with a total population of 60,752, with an average age of 38. Average household income is $148,779, and the median property value is $459,500. In addition, a new 350-unit housing development within 1-2 miles of the Club is scheduled to begin construction in 2026.
The Club operates from a beautiful 36,500 SF purpose-built, stand-alone facility with great light and ample parking. This year, the facility was appraised at over $8 million, and it is included in the asking price. Rent is currently $660,000/year, which has been added back to EBITDA.
As the premium fitness center in the area, the Club generates $237,000 in monthly recurring revenue. While the Club experienced a decline in membership during COVID, membership levels and revenue have rebounded nicely and are almost back to pre-COVID levels.
The owners are selling to retire but are available for a reasonable transition period.
ASKING PRICE
$8,000,000. To be a qualified buyer and eligible for bank financing, you must be able to invest $1.6M or more at closing. ADDITIONAL INFORMATION, INCLUDING SBA PRE-APPROVAL, IS AVAILABLE TO QUALIFIED BUYERS ONLY.
• 5,700 Members
• Over 100 Classes & Programs Offered
• 36,500 SF Purpose-built Facility
• Monthly Recurring Revenue: $237,000
• TTM Revenue: $2,880,000
• TTM EBITDA: $1,082,000 (includes $660K in rent to owners)
• Real estate is included in the transaction
• SBA Pre-Approval for 90% of the purchase price
DESCRIPTION
Our client is a profitable, professionally run fitness and indoor aquatic center featuring extensive cardio and strength equipment, two indoor pools, a half basketball court, circuit training, a wide range of group exercise classes, swim lessons, personal training, multiple kids’ areas, and modern, well-maintained locker rooms, including several private, individual changing rooms.
Located in a desirable, affluent suburb within easy driving distance of Washington, DC, the club has over 5,700 members. It is the only full-service fitness center with an indoor sports court and two indoor pools in the area.
The Club’s service market has excellent demographics, with a total population of 60,752, with an average age of 38. Average household income is $148,779, and the median property value is $459,500. In addition, a new 350-unit housing development within 1-2 miles of the Club is scheduled to begin construction in 2026.
The Club operates from a beautiful 36,500 SF purpose-built, stand-alone facility with great light and ample parking. This year, the facility was appraised at over $8 million, and it is included in the asking price. Rent is currently $660,000/year, which has been added back to EBITDA.
As the premium fitness center in the area, the Club generates $237,000 in monthly recurring revenue. While the Club experienced a decline in membership during COVID, membership levels and revenue have rebounded nicely and are almost back to pre-COVID levels.
The owners are selling to retire but are available for a reasonable transition period.
ASKING PRICE
$8,000,000. To be a qualified buyer and eligible for bank financing, you must be able to invest $1.6M or more at closing. ADDITIONAL INFORMATION, INCLUDING SBA PRE-APPROVAL, IS AVAILABLE TO QUALIFIED BUYERS ONLY.
About the Business
- Years in Operation
- 34
- Employees
- 96
- Facilities & Assets
- The Club operates from a beautiful 36,500 SF purpose-built, stand-alone facility with great light and
ample parking. It includes a strength training area, an indoor turf area, a half basketball court, updated locker rooms, and two pools.
The facility was recently appraised to have a fair market value of over $8 million and is included in the
asking price. - Market Outlook / Competition
- Located in a desirable, affluent suburb within easy driving distance of Washington, D.C., it is the only full-service fitness center with an indoor sports court and two indoor pools in the area. As a result, it attracts members from a 12-mile radius around the Club.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 36,500
About the Sale
- Seller Motivation
- The owners have operated the club for over 25 years so they are interested in re
- Transition Support
- The current owners are willing to stay involved for a reasonable transition period.
- Financing Options
- Pre-approved for SBA financing for up to 90% of the purchase price.
Listing Info
- ID
- 2323796
- Listing Views
- 2888
Listing ID: 2323796 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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