Fitness Center
 

 

Fitness Centers
Lexington Kentucky Area

 

3 Franchised fitness centers, well established & growing, loyal membership, very profitable.

 

 About the Business


The fitness industry is growing. Greater awareness about the benefits of physical activity is sending Americans to the gym in droves. With rates of obesity, diabetes and high blood pressure continuing to rise — not to mention the skyrocketing health care costs related to those conditions — consumers are starting to view gym fees less as leisure spending and more as a vital expense.


This business consists of three franchised locations in the Lexington Kentucky area. These fitness clubs are extremely profitable, turnkey operations with aggregate membership of about 6,000. A single new franchise club can cost $450,000 - $800,000 to start up. This opportunity offers 3 operating, well-run, 24/7 accessible clubs, already producing over $500,000 in annual cash flow and growing. All of the top quality equipment is included in the selling price.

 

Price:
$1,985,000.
Gross Income:
$1,500,000
EBIDTA:
$510,000.
Inventory:
Included.
Furniture, Fixtures, & Equipment:
Fully Equipped.
Employees:
6 plus 5-6 independent contractor trainers.
Year established:
Since 2013.

About the Sale


Management and training support:
Well located leased spaces, near residential areas and easily accessible for members.
Facilities:
Seller and franchisor to provide assistance to insure a smooth transition.
Reason for selling:
Other opportunities and family considerations.

 

For additional information contact: John Hilliard, 859-361-8929, This email address is being protected from spambots. You need JavaScript enabled to view it. or Steve Pulliam, 859-276-5300, This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Confidential information about this opportunity is available to qualified buyers upon signing a Confidentiality Agreement and completing a Buyer Profile - these documents are available on this website's "For Buyers"