24/7 Fitness Center Franchise
Off-MarketBloomington, MN
24/7 Fitness Center Franchise Offering Gym Memberships, Personal Training, And Small-group Training
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$480,000
$210,000
43.8%
2008
Past 24h
Customers
Local gym members utilizing standard memberships, personal training, and small-group training programs.
Customer Acquisition
Primarily digital marketing through Instagram, Meta/Facebook, and Nextdoor, along with occasional direct mailers and local coupon guides. Also benefits from franchise marketing.
Team
2 W-2 employees: General Manager and Training Manager. Also has 2 subcontracted trainers and a subcontracted cleaning team.
Owner's Role
Hands-off / absentee owner. Spends approximately 30–40 hours per month on the business, primarily managing at a high level and meeting with the general manager weekly.
Reason for Selling
The owner is 61 and considering early retirement after nearly 20 years in the business. He also has other businesses and investments and is looking to potentially pursue other opportunities.
Contracts
Yes, members are on membership agreements/contracts. The business has a strong recurring EFT membership base.
Real Estate
No
When Are You Looking to Sell
Within the next 3-6 months
Licenses Required
No
Additional Notes
The facility underwent a major remodel and expansion in 2023 with over $225,000 invested. The business has no debt, a strong recurring membership base, experienced management in place, and an in-house physical therapy tenant generating approximately $2,150 per month in rental income. The facility is leased. There are approximately 6 years remaining on a 9-year lease. The facility is approximately 6,592 sq. ft.
Business ID: 2053
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