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Listed by:

Transworld Business Advisors of Utah County

Broker license number: 9567324-SA00

High Energy Gym In Utah County For Sale

Utah County, Utah
Asking Price:
$79,500 (USD) Furniture / Fixtures included
Sales Revenue:
$119,667 (USD)
Cash Flow:
$1,150 (USD)

This facility features CrossFit and BootCamp classes in a spacious facility located in the fast-growing Northern Utah County area. Energetic and friendly instructors teach effectively in a large open warehouse facility. Supervised child care is provided in a separate area during classes. There is a large indoor turf field to allow teams to have a facility for inclement weather practices, as well as showers, and a recuperation/relaxation area.
This business was founded in 2015 and the owner has a strong following of loyal clients. A large percentage of current members have been regularly working out here since the business opened.

Property information

Real Estate:

Lease

Leasehold Rent:

$80,400 (USD) per annum

Location:

This gym is located in northern Utah County in the end unit of a strip mall .

Premises Details:

The facility has two levels, including office space and an open space that can be used for childcare. The large main open space could easily be rented out to sports teams for team training.

Size in square feet:
8500 SF

Business Operation

Expansion Potential:

There is significant potential for growth by adding additional classes and alternative workout formats. Increased revenue could come from allowing individuals the use of the facility when classes are not in session, as well as more focus on expanding and marketing sports team workout opportunities in the large open area.

Competition / Market:

There are two other CrossFit locations nearby and several other similar sized fitness options in the area. This gym is unique in that the instructors provide both CrossFit and Bootcamp classes.

Reasons for selling:

Pursue other venture.

Trading hours:

Mon - Fri: 5:30 a.m. - 7:30 p.m.
Sat: 7:00 a.m. - 11:00 a.m.

Employees:
5 PT
Years established:
4

Other Information

Support & training:

Owner will provide 2 weeks' training.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner willing to finance up to $19,500 to a qualified purchaser.

Furniture / Fixtures value:
$1,080,000 (USD) - included in the asking price

Contact Information

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