Confidential 24/7 Fitness Center In Michigan For Sale

Description

Established 24 hour fitness center located in a growing Michigan community. Operating successfully for nearly a decade, the business has built a loyal membership base, experienced staff, and a recurring revenue model that provides consistent cash flow.The fitness center has more than 1,300 active members with recurring memberships and is supported by long term employees who manage daily operations, making it suitable for semi absentee ownership.The facility includes more than 5,000 square feet with the option to expand by approximately 3,600 additional square feet. It is fully equipped with modern cardio equipment, selectorized machines, free weights, and functional training equipment.Additional amenities include locker rooms with showers, tanning equipment, a fitness on demand system, a massage chair, and a secure 24 hour key card access system.Key highlights:* More than 1,300 active recurring members* Semi absentee operation with experienced staff* Average Seller's Discretionary Earnings of approximately $110,000* Low overhead and efficient operations* Strong reputation with positive customer reviews* Approximately $75,000 in equipment included* SBA financing available for qualified buyers* Asking price of $295,000The business offers opportunities for growth through expanded marketing, improved sales processes, additional services, facility expansion, and future locations in nearby markets.The owner is retiring after many years in the fitness industry. Business name and exact location will be provided after a signed confidentiality agreement.