Summit Strength — 24-hour gym
Listing ID #100008
Fob-access 24-hour gym with 1,140 members and equipment finance already settled.
- Asking
- $520,000
- Revenue/yr
- $690,000
- Profit/yr
- $158,000
- Staff
- 5
- Age
- 10 years
About this business
A 9,000 square foot facility running on fob access, staffed twelve hours a day and open twenty-four. Membership stands at 1,140 with monthly churn around 3.4%.
The equipment finance was cleared in 2024, so the cash flow is unusually clean for a gym. Personal trainers rent floor space rather than being employed.
Business details
Financials
- Asking price
- $520,000
- Annual revenue
- $690,000
- Monthly revenue
- Not disclosed
- Annual profit
- $158,000
- Monthly profit
- Not disclosed
Audience
- Staff
- 5
The business
- Age
- 10 years
- Established
- November 2015
- Industry
- Fitness
- Country
- United States
- Location
- Fort Collins, Colorado
Why it is being sold
The owner is relocating out of state.
What's included
All equipment owned outright, the member base, the access system and the lease to 2032.
Growth opportunities
No group classes despite a studio room standing empty most of the day.
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