I found a business for sale in the fitness sector.
You might think itās just another gym, but thereās more to it. Letās dive into the numbers: Revenue: - 2021: $507,548 - 2022: $335,845 - 2023: $502,647 - 2024 (YTD): $234,469 Gross Profit: - 2021: $459,974 (90.6%) - 2022: $46,781 (13.9%) - 2023: $255,616 (50.9%) - 2024: $232,362 (99.1%) Asking Price: $89,000 Hereās the best part: This 4,000 sq. ft. gym is located at a high-traffic intersection in a busy shopping center. With 253 loyal members and a welcoming, community-driven vibe, it has the foundation for growth. Challenges? - Costs like rent and salaries need optimization. - Marketing could use a boostāsocial media and email campaigns are in place but could be better executed. Opportunities? - Add online training or premium membership options. - Leverage its prime location to attract more walk-ins. - Build on its community-focused approach with more events and partnerships. This is what I love about small business: With the right plan, this gym could be a powerhouse. The seller is moving on to new ventures, leaving the door wide open for you to shine. Like this deal? Comment āFitnessā below to learn how to get this deal info and others like it every week.