Established Profitable Fitness Center - Business for Sale
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Fitness Center with Membership Model in Central Connecticut
CT, US
Added 1 year ago
Fitness Center
10 years in business
Absentee / Semi-Absentee
A fitness center operating for over 10 years in Central Connecticut, offering membership-based services from a leased 4,000 sq ft facility with an established client base and a team of seven part-time employees.
Key Information
Asking
$395K
Revenue
$420K
Earnings
$166K
Multiple
2.4x
Key Highlights
- Business has been established for 10 years
- Located in a leased 4,000 sq ft facility with total monthly rent of $7,414; lease is month-to-month
- $100,000 in FF&E and $3,000 in inventory included in the sale
- $25,000 made in leasehold improvements
- Team consists of 1 full-time and 7 part-time employees
- Sale includes a rented 20' storage container with fitness/business equipment for a potential second location
- 4.5-star Google rating from 179 reviews
Contact Info
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