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Great opportunity for a visionary, hard-working and business savvy personal trainer to own his or her own gym.
Growing and well-equipped 24-hour well known franchised fitness club/ gym for sale in an affluent part of York Region (GTA).
Recently renovated, in 2018, ($300K in leasehold improvements) with mainly new equipment (+$100K). Showers, studio room for classes. In very affluent area and prime location. High traffic plaza. Close to highways. No other gyms in 2 km. radius. Currently over 500 members – targeting over 600 by year end. 8 years remaining on lease.
Would ideally suit a passionate, visionary, hard working, communicative, experienced personal trainer who possesses good business savvy and a “hunter” mentality, and thus maximize profits. Selling for health reasons but willing to maintain up-to 75% of ownership for the next 2 to 3 years. Purchaser (preferably a personal trainer can buy in chunks). No rush to sell. Only serious enquiries from personal trainers considered (No brokers please). Full training and part-time management will be provided
Est. revenue around $450K to 500K this year. NDA will be required to be signed. Asking price $599K
Little competition in vicinity
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