Listing Number: 60351-241767
Description
Here is an exceptional opportunity to acquire a turnkey strength training and boxing gym located in West Michigan. This facility was founded several decades ago and has been operated by the current owner since the early 2000s. This gym features free weights, machines, cardio equipment and a boxing gym and even offers personal training services to its members. The business is open 24 hours per day and is staffed by seven part-time employees and five dedicated personal trainers. In addition, the business offers a full complement of nutritional supplements and gym apparel for sale to its members. The real estate is included in the sale and features nearly 10,000 square feet of purpose‐built gym space on just over an acre of property. With a current membership of approximately 700, this gym has established itself as the go to facility for serious fitness enthusiasts in the West Michigan area.
Listing Details
- Price: $1,290,000
- Down Payment: $1,036,000
- Sellers Discretionary Earnings: $123,674
- Total Sales: $496,495
- Location: Ottawa County, Michigan
- Inventory: $5,000
- FF&E: $100,000
- Employees: 7
- Year Established: --
- Reason for Selling: Focusing on other business
- Category: Fitness
