Jan '25 • General discussion
I found a business for sale in the fitness sector.
You might think it’s just another gym, but there’s more to it. Let’s 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
Here’s 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 boost—social 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.
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I found a business for sale in the fitness sector.
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