Gym good Baltimore City location

Listing Number: 76551-821520

Description

Top-of-the-line 6,700 SF gym looking for a new owner to take this business to the next level. Currently operating at a slight profit or better, the current owner has a full-time job elsewhere and is only responsible for decision making while wife helps out part-time in the business as managerial or admin. Current owner is a long-time customer who purchased as a distressed business over 5 years ago and has made extensive additional investments in equipment and building to the tune of around $400k in the past 5 years. Business has had some success with growing membership- currently up to 90 monthly members paying $150 per month. Plus, Personal Trainers and Physical Therapy income. Plus, other sublease or direct-hire opportunity to add a massage or related operation. And, exclusive contracts to rent the space to sports teams for training has had some success in prior years.

Listing Details

• Price: $ 250,000
• Down Payment: $250,000
• Sellers Discretionary Earnings: $ 15,000
• Total Sales: $ 385,000
• Location: Baltimore County, Maryland


• Inventory: $ 0
• FF&E: $ 0
• Employees:
• Reason for Selling: Owner has other pursuits
• Category: Fitness