Hot Listing

Two Well Established 24-Hour Gym Franchises for Sale in NC & TN!!

Asking Price$749,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$600,000
Included in asking price
FF&ENot Disclosed

Strength Equipment
Cardio Equipment
Strength Equipment
Cardio Equipment
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Hot Listing

Two Well Established 24-Hour Gym Franchises for Sale in NC & TN!!


Asking Price$749,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$600,000
Included in asking price
FF&ENot Disclosed

Business Description
Own 2 Well Established Gyms that Have Limitless Growth Potential!
Step into an established, high value / low cost gym franchise in the booming health and wellness space. All of the "heavy lifting" has been done to get these two, immaculate 24/7 fitness centers - located within 99 miles of each other - ready to buy. Current owners have invested heavily to make this around the clock gym impeccably clean and welcoming to its loyal members.

Huge residential communities as well as continued development of apartments, townhomes and businesses in the surrounding area, make membership growth potential explosive. The gym includes free weights, Matrix treadmills, elliptical machines, stationary bikes, Selectorized strength equipment, rowers, static weight machines, Smith machines, plate loaded machines, squat rack, resistance treadmill, hydromassage, tanning beds, full locker rooms with showers/lockers, ReAct trainer, overhead TVs, programable/personalized radio, security cameras, panic alarms and much more. Affordable membership plans, the ability to grow small group and personal training, and the convenience of 24/7 access is a big draw for membership growth.
With low overhead and immediate cash flow, this proven business model is a lucrative opportunity to be your own boss with a rewarding mission to help others achieve their best selves!

Key Highlights of the Business:

Proven Track Record: The gyms have seen growth which is attributed to new members, member retention, personal training and growth within the industry.

Recurring Revenue Model: Membership based structure ensures steady monthly revenue.

High Demand: The US fitness industry is a significant economic powerhouse, valued at an estimated $22.4 billion and growing, with projections indicating a market value of approximately $124.7 billion by 2024 and $302 billion by 2034.

High Demand Services: Regular exercise offers numerous benefits, including improved physical and mental health, reduced risk of chronic diseases, longevity, stress reduction and enhanced overall well-being.

Exceptional Opportunity: A simple business model that is established, only requires 3-4 employees, has a great reputation, is scalable and is in an industry that continues to thrive.

Franchisor Support: Comprehensive training, unwavering support, streamlined systems and proven processes, procedures and playbook.

Comprehensive Training: Receive industry leading online and in-person training in sales, customer service, marketing, staffing, personal training and operations.
About the Business
Years in Operation
6
Number of Employees
4
Franchise
This business is an established franchise
Facilities & Assets
Over $300K per gym, worth of equipment with no acquisition costs upon purchase - all paid for! Features top of the line Matrix equipment ranging from cardiovascular to strength training capabilities. Tanning beds & hydromassage lounge included. We get 100% on all random secret shopper reviews and are considered two of the cleanest, well-kept locations in the franchise!
Market Outlook / Competition
Both markets are in growth areas with limited competition. Our membership plans are the most affordable in the area, and each location has excellent facilities and amenities. Because the brand is well known, this keeps barriers to entry for competitors in the 24/7 space high.
Opportunities for Growth
The brand continues to open 25-30 new gyms a year and has over 200 locations in 22 states and Central America. Being a part of a franchise means that you are in business for yourself, but not by yourself. In the past few years the brand has put an emphasis on recovery and many of the gyms offer infrared sauna, red light therapy, human touch chairs, and more, which attracts more members and differentiates the brand from the competition.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
8,000
Rent
$7,820.00 per month
About the Sale
Seller Motivation
Owners have moved out of state and are retiring.
Transition Support
Current owners will provide 2 weeks of hands-on training. Franchisor supported training for new owners and staff both online and in-person training. Training consists of 22 hours of online bridge training, 3-day in person training and unwavering support from your dedicated franchise business coach and the entire support staff.
Financing Options
Preferred lenders available
Listing Info
ID
2352438
Listing Views
3434

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Business Listed by: Terri Harof

Listing ID: 2352438 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.