Murphy Business and Financial Corporation presents

Hot Fitness Club Opportunity in Prime Location

(city not disclosed) TX | Harris County

Key metrics

Asking price: $75,000

Established: 2012

Gross income: $531,748

Cash flow: $23,208

Franchise: No

EBITDA:

Employees: 1 FT/14 PT

Square Feet:

Home Based: No

FFE: $25,000 (included)

Inventory: $15,420 (included)

Real estate:

Relocatable: No

Business description

Prime Location! Huge Growth Potential, Established Membership Base, Monthly Recurring Revenues, Trained Employees and a Beautiful Studio. The hard work of opening and building up member base has been done. You can walk into an established well run business.

This dynamic Boutique Fitness Studio franchise offers Total Body workouts thru Classes, Private Sessions and Individual Workouts. The workout model is a unique design for both men & women at all fitness levels which allows mass marketing in the area. With nearly 400 members and a Prime Location, the foundation for greater growth has been laid. Current owner is absentee and cannot devote full time to the business.

Members receive unlimited use for one low fixed monthly fee. The club is membership based with loyal members providing recurring monthly revenues. It is a fitness center focused on well-being and health thru whole body movement. This is a simple model with few employees, minimal inventory and NO fitness experience needed.  

Facilities description

The club is located in a prime retail space in one of the fastest growing business areas in Houston which is also one of the most affluent. 25% of the space is allocated for front office and retail with the balance being for the gym itself. Currently ran mostly owner absentee, a new owner could continue that and grow other territories for a large operation. A new owner could also come in and take the place of management for more income potential!

Competition

There are always competitors in the fitness industry – because it is a multi-billion dollar industry that is not just a “nice to have” in this day’s sedentary office-bound city life, it is a “need to”…particularly in Houston where summer heat and winter cold make working out outdoors less than pleasant. This franchise is ranked one of the fastest growing franchises and has been featured on many news and sports shows. Big box gyms are not the real competition since this center appeals more to the client who is looking for both more personalized attention and that appeals to a niche. This franchise easily beats out the competition!

Growth

A full time effort by an owner operator should enable someone to grow the business by 20-30% a year and has shown over 30% growth in memberships year to date despite the economy in Houston. This fitness franchise is located in the heart of one of Houston’s busiest business districts in a very affluent area. The open location is running great and a new owner can build out the other territories as well for an amazing fitness empire!

Support

Will train for 2 weeks @ no cost. No fitness experience is needed to operate and manage the business.

Reason for selling

Owner took this on intending to be semi-absentee but is not able to devote as much time as needed. It would be better run by an Owner-Operator.

Keywords

fitness, gym,franchise, harris county, texas

disclaimer

American Gym Trader has not made any independent investigation, verification or audit of the information contained in this advertisement and makes no representations or warranties, express or implied, regarding the accuracy or completeness of the information contained herein or linked to and assumes no responsibility to its accuracy or completeness. When buying or selling a business American Gym Trader encourages you to seek the advice of a professional business broker. American Gym Trader has no monetary interest in the sale of the business. American Gym Trader does not warrant the Right of Use of any photography, logos or graphics.

Contact Steve Herrera


Steve Herrera

Listed by

Steve Herrera,

Murphy Business and Financial Corporation

713-305-1237

No Spam Please

Do not contact the broker/seller for any reason other than your interest in buying a business!

Frequently Asked Questions

Important terms

  • Gross Income - This is the total gross sales and receipts from line 1 of the tax return. Learn more >>
  • EBITDA – Earning Before Interest Taxes Depreciation and Amortization. This financial term is generally only used with multi-million- dollar businesses.
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  • FFE – This is the estimated value of the Furniture, Fixtures and Equipment.
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  • Inventory – This is the estimated value of the retail products and merchandise.
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  • Cash Flow – Cash Flow is often also called Sellers Discretionary Earnings or Owners Benefit. All debts on a business are normally paid off at closing. Cash flow is the total of net profit, owner’s salary, depreciation, amortization, interest, perks and non-recurring expenses.
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