A well-established and highly profitable gym in Medicine Hat, Alberta is now available.
This turnkey operation offers a loyal membership base, strong recurring revenue, an excellent local reputation, and an experienced team already in place.
With approximately $230,000 in annual EBITDA, increasing profits, and proven systems and processes, this is an excellent opportunity for an owner-operator or experienced fitness professional looking to acquire an established business.
The business benefits from a great lease with approximately $100,000 in leasehold improvements and offers plenty of opportunity for future growth. Opportunities like this are not often available, with the existing leasehold improvements and equipment representing a significant investment. Recreating a similar setup in today’s market would likely cost over $250,000, while also requiring a lease at today’s market rates, build a clientele, and develop the systems and processes that are already in place.
Buyers with experience operating membership-driven businesses, including but not limited to spin, kickboxing, functional fitness, CrossFit, Pilates, HIIT, and similar class-based models, will be well positioned to capitalize on the business's continued success.
The sale is strictly confidential. An NDA and proof of financial capability will be required before confidential business information is provided.
