A rare opportunity to own a well-established fitness center in SE Calgary, opened in September 2019, showcasing rapid initial growth, and resilient performance through fluctuating market conditions, boasting a steady growth trajectory in the past 18 months. Currently serving 1050 dedicated members, this business is housed in a 7,200 sq. ft. facility, offering a wide range of high-end equipment and specialized zones, including a 1000 sq. ft. indoor turf area. Despite challenges, the business has maintained consistent revenue, primarily sourced from bi-weekly membership rates and bolstered by a personal training segment with significant growth potential. This gem stands out for its competitive pricing, community feel, and excellent equipment, offering an unmatched value proposition in the local fitness scene. The gym operates under smooth, streamlined management with a stable team, ensuring a seamless transition to new ownership poised for further success.
- Asking Price:
- $500,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $753,455 (CAD)
- Cash Flow:
- $62,416 (CAD)
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This business is housed in a 7,200 sq. ft. facility, offering a wide range of high-end equipment and specialized zones, including a 1,000 sq. ft. indoor turf area.
Business Operation
- Expansion Potential:
-
The business possesses significant growth and expansion opportunities. Increasing the existing member rates and expanding personal training offerings represent immediate revenue growth avenues, potentially increasing monthly revenue significantly. With a strong base of 1050 members, there's scope to enhance the service portfolio and introduce additional fitness classes and health-related services. Leveraging internet marketing and community engagement could further elevate brand visibility and attract new memberships, capitalizing on the untapped market within the greater Calgary area.
- Competition / Market:
-
The fitness industry has demonstrated remarkable resilience and growth, particularly evident in the demand for local gyms that offer personalized experiences and high-quality equipment. According to industry analysis from sources such as IBISWorld, there's a clear trend towards health and wellness, driving membership growth at fitness facilities. The target business operates within this lucrative sector, offering a comprehensive range of services and facilities that cater to a broad demographic, from teenagers to seniors, positioning it well for continued success and market share expansion.
- Reasons for selling:
-
Moving more to semi retirement.
- Trading hours:
-
Monday-Sunday 24 hrs.
- Employees:
- 1 FT/5 PT
- Years established:
- 5
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$400K down/$100K over 24 mos. @ 7%.
- Furniture / Fixtures value:
- $350,000 (CAD) - included in the asking price
