Thriving 247 Fitness Center with Income Generating Real Estate
$310,000
Real estate included
The property comes with the business.
About this business
Here's a description for the fitness center: This is the only 24/7 fitness center in a Southern Minnesota community, offering modern equipment across two floors. It comes with a mixed-use building that includes four income-generating apartments. The business runs with minimal owner involvement and no employees, making it a great semi-absentee opportunity. Significant growth potential exists by adding classes or leasing office suites. Discover if this unique fitness and real estate investment is right for you.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$310,000
- Annual Revenue$33,857
- 9.2×
- Price to revenue
- Approximate FF&E
- $50,000
Details
- 2024
- Established · 2 yrs
- Stock / Entity Sale
- Sale Type
- Gym and Fitness Center
- Business type
- Owned · sold separately
- Premises
Financing & transition
- Seller financing
- No
- Training after the sale
- No
Property & lease
- Premises
- Owned
- Included in Sale Price
- No
- Property Price
- $230,000
Where it is · Minnesota
Somewhere in Minnesota. The exact address is not on this listing.
Ad#:7982
The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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