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Nashville, TN

  • Listing Number: 133-22211

    Category: Fitness

Asking Price $395,000
Equipment / Fixtures $400,000
Year Established 1982
General Location Nashville, TN
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This is a roughly 19,000 sq/ft fitness center on a main thoroughfare with ample parking and a steady flow of daily traffic.  It has been around for 30+ years and has been recently updated to create a turn-key opportunity for the new owner.  The seller is ready to retire so has decided to sell.  Monthly memberships have been steadily increasing each month and are expected to continue growing as the local area is booming.  This is a large-scale fitness center that has multiple workout rooms with classes, aquatics, steam room, locker rooms, etc.  Possible growth opportunity to add retail and increase memberships through additional marketing.  This is an asset sale.  Equipment alone is worth the asking price.  The facility was closed for over a year after covid and has been rebranded and updated.  It is now rounded the corner and is profitable and should see increased profits every month as memberships grow.  A facility like this would cost $3M+ to create, so this is an amazing opportunity at a heavily discounted price.

Listed Price
$395,000
Square Feet
19000
Total Rent
$12,000
Leasehold Improvements
2500000
Equipment / Fixtures
$400,000
Full-Time Employees
3
Training Period
Negotiable
Part-Time Employees
3
Reason for Selling
Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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