You know the importance of being healthy. You love helping people achieve their goals. You dream of owning your own gym. Why wait? This Indianapolis franchised boutique gym has everything in place for a new hands-on owner.
Membership based, the gym provides a fun workout for clients of all ages, backgrounds, and fitness levels. Clients can purchase a one day class, 4 or 8 classes a month, or unlimited classes. Merchandise is also available for purchase. Members enjoy a workout that includes:
• Strength and Cardio Circuits
• Body Weight Conditioning
• HIIT
• Boxing
The gym sits on a well-traveled main road. In fact, the daily traffic count is 38,780 vehicles with the nearest crossroad seeing 48,100 vehicles per day. Minutes from the nearest interstate means members have access from wherever they are. Additionally, the daytime population within a 5-mile radius is 161,033 people with an income of $98,449. The gym is in a dynamic shopping area, with businesses and homes surrounding it.
There is no need to wait and struggle to establish your own business. Fully turnkey, this gym has a management team, sale staff, and five trainers already in place. Additionally, they have a solid base of 350 members. Currently pursuing new memberships, the goal is to reach 415 by the end of 2024. As part of a known national franchisor, they train you on how to run the business. Plus, the franchisor provides ongoing support including a community of other franchisees. You’ll have your own gym with a built-in support system!
Established only a year, the gym will take off with a hands-on owner who dedicates time to growing the business. The current owners are pursuing their careers and don’t have time to give it the attention it deserves. Since health is a bigger priority than ever, now is the time to make your dream of gym ownership a reality!
Investment Considerations:
• Seller Financing Available
• Established Business
• Excellent Location
• Well-Trained Management & Staff In Place
• All New Equipment & A/V Setup
• Three Additional Franchise Licenses Included
• Growing Industry
• Top Rated Franchise
• Strong Franchisor Support
Growth & Expansion Opportunities:
There is ample opportunity for a new owner to grow the business. These include:
• Expand to New Locations
• Increase Membership Sales
• Offer Employer Subsidized Memberships
• Implement Marketing Campaigns to Reach Target Market
• Increase Retail Sales
Financial Information
$30,000
Asking Price
N/A
Cash Flow
$474,503
Gross Revenue
On request
Down Payment
Yes
Financing
Business Location
City:
Indianapolis
State:Indiana
Financing Comments
Equity share. Seller financing available.
Reason for Sale
Seller desires to focus on personal careers
Detailed information
Year Established:
Home Based:No
Franchise:Yes
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 12
Part-Time Employees:1
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: No
Inventory Value:
$2,000
Monthly Rent:
$10,500
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 2500
FF&E Included?: Yes
FF&E Value: N/A
Training/Support
The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Facilities
The facility is 2,500 SF +/-. Monthly rent is $10,500 including CAM charges. There is a 700 SF lobby and 1,800 SF of studio space. There is ample parking in a shared lot. Building and signage are two years old.
Market Outlook/Competition
Indiana’s gym, health & fitness clubs industry is growing. After a decline in 2022, the industry grew to $400.9M in 2023. From now to 2028, it’s expected to grow by 1.2% to reach $425.8M.
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