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Gym Growth Opportunity In Lethbridge For Sale

Lethbridge, Alberta, Canada
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$50K - $100K (CAD)

Well-established CrossFit / Functional Fitness Gym that operates in a stable and growing community with a huge opportunity for explosive growth and making a huge impact on the health of the community post-pandemic.

Our gym is very well equipped with high-quality equipment in fantastic shape along with a bright and large fitness space - 5,000 sqft total. Multiple programs and diverse product offerings (CrossFit, Youth Fitness, Weightlifting) make our business stand out and provide multiple revenue stream opportunities throughout the year to stabilize income.

Very well-equipped / newly constructed (2016) facility that has M/F bathrooms with showers, front entrance/merchandise space and an upstairs mezzanine for additional fitness space/office.

The business is recovering from the impact of the pandemic and has a strong membership and community that will continue to support the business as it grows and is re-established as the #1 Functional Fitness Gym in Lethbridge.

Property Information

Real Estate:

Lease

Leasehold Rent:

$80,000 (CAD) per annum

Location:

Professional Business Park

Premises Details:

Large Parking Area and Access to Outdoor Space and Large Parks Nearby. Great for safe outdoor access and running for members.

Size in square feet:
5,000

Business Operation

Reasons for selling:

Want to see the business grow beyond capacity. Requires an owner that can devote full efforts to business operations and growth whereas current ownership team does not have time capacity.

Trading hours:

Mon-Sat - 5:30am - 8:00pm

Employees:
5
Years established:
7

Other Information

Support & training:

Training on the business processes, technology assets, CRM

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$6,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.
Distressed:
This business is a turnaround opportunity.