Central Minnesota 24/7 Fitness Center with Mixed-Use Building | Only Gym in Town, Updated Facility & Rental Income 60066
- Primary Industry: Gyms & Fitness Centers
Rare opportunity to acquire the only health and wellness facility in its community, together with the stand-alone building it operates from. This Southern Minnesota fitness center offers 24/7 keyless fob access to two well-laid-out floors of up-to-date commercial equipment, with security cameras throughout, and serves adults of all ages and students from the town and surrounding communities. The upper level holds one-bedroom residential apartments with current, on-time tenants, adding a second income stream.
The business operates with no employees and minimal owner time. New members book a facility tour by appointment, most billing runs through monthly auto-draft, and office work can be handled off site.
The building has been extensively updated, from underground plumbing to the roof, and members regularly compliment its cleanliness. Membership pricing is affordable compared with gyms in neighboring towns, and the facility participates in an employer wellness insurance program and a senior fitness program. Growth levers include adding yoga, dance and other classes, leasing three available office suites to massage or wellness practitioners, offering group rates to local employers and schools, and refreshing the website and local advertising.
This acquisition is particularly well-suited for:
• Owner-operators seeking a semi-absentee business with real estate
• Fitness or wellness professionals looking to add classes or services
• Investors seeking a mixed-use property with residential rental income
• First-time buyers seeking an established, low-overhead business
With approximately $34,000 in revenue, this represents an affordable entry into fitness center ownership, with the building available for purchase separately.
Interested buyers should have $60,000 in available capital for the down payment.
Listing ID: 60066
Financial Information
- $80,000 Asking Price
- On request Cash Flow
- $33,857 Gross Revenue
- $60,000 Down Payment
- N/A Adjusted EBITDA
Business Location
- City: Confidential
- State: Minnesota
Detailed information
- Year Established: 2024
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: No
- Inventory Value: On request
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $230,000
- Building Size: 8000
- FF&E Included?: No
Real State Description
- Stand-alone, owned mixed-use building (gym on main floor and basement; 4 one-bedroom apartments on 2nd floor)
Business Listed by
Sunbelt Business Advisors
Sunbelt Business AdvisorsContact Business Broker
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