- 1824 Store Street, Victoria, BC, V8T 4R4
High-Margin Fitness Studio with Hands-Off Owner
By Keith MacKenzie
Asking Price
$400,000
SDE
$102,486
EBITDA
Industry
$102,486
Gyms and Fitness Centers
Gross Revenue
Location
$395,763
Victoria, British Columbia
Entering its 30th year of business, this fitness studio has enjoyed a history of profitability. This has resulted in strong owner earnings each year. The studio provides a variety of fitness-focused martial art activities to its clientele.
Contributing to its success is the company's strong brand, which is known as a health and fitness program with an emphasis on nutrition, fat loss, coaching, and accountability. This is different than traditional weight loss and workout courses, as it teaches customers a new skill while helping them on their health journey.
The company has a full-time General Manager who handles all day-to-day operations, allowing the owner to provide minimal oversight, making this opportunity ideal for either an investor or owner/operator.
Number of Employees
4
Year Established
1993
FF&E
N/A
Inventory
N/A
Reason for Selling
After operating the business for nearly 30 years, the owner is ready to move on to new projects.
Facilities & Assets
The business is centrally located on a major intersection of Victoria. They are situated in a busy strip mall with ample parking and many amenities nearby for parents to enjoy while their children are in lessons, the studio is also located across the street from a high school. This studio could not ask to be in a better placement within the city!
The studio has created an excellent relationship with the landlords, solidifying an affordable lease in place with the option to renew upon expiry. This clean and well-maintained space is composed of a gym area for instruction, storage space for equipment, and a washroom.
The current payment for the lease after operating expenses are adjusted is $6,405.70 including GST.
Growth & Expansion
The business currently uses digital marketing strategies to drive sales. These include the promotion of services on social media platforms (Facebook and Instagram) as well as email promotions and member referral programs.
In the past, they have used print and radio advertisements but have found digital marketing far more effective and shifted their focus to these channels.
Asking Price
$400,000
SDE
$102,486
EBITDA
Industry
$102,486
Gyms and Fitness Centers
Gross Rev.
Location
$395,763
Victoria, British Columbia
Entering its 30th year of business, this fitness studio has enjoyed a history of profitability. This has resulted in strong owner earnings each year. The studio provides a variety of fitness-focused martial art activities to its clientele.
Contributing to its success is the company's strong brand, which is known as a health and fitness program with an emphasis on nutrition, fat loss, coaching, and accountability. This is different than traditional weight loss and workout courses, as it teaches customers a new skill while helping them on their health journey.
The company has a full-time General Manager who handles all day-to-day operations, allowing the owner to provide minimal oversight, making this opportunity ideal for either an investor or owner/operator.
Number of Employees: 4
Year Established: 1993
FF&E: N/A
Inventory: N/A
Reason for Selling
After operating the business for nearly 30 years, the owner is ready to move on to new projects.
Facilities & Assets
The business is centrally located on a major intersection of Victoria. They are situated in a busy strip mall with ample parking and many amenities nearby for parents to enjoy while their children are in lessons, the studio is also located across the street from a high school. This studio could not ask to be in a better placement within the city!
The studio has created an excellent relationship with the landlords, solidifying an affordable lease in place with the option to renew upon expiry. This clean and well-maintained space is composed of a gym area for instruction, storage space for equipment, and a washroom.
The current payment for the lease after operating expenses are adjusted is $6,405.70 including GST.
Growth & Expansion
The business currently uses digital marketing strategies to drive sales. These include the promotion of services on social media platforms (Facebook and Instagram) as well as email promotions and member referral programs.
In the past, they have used print and radio advertisements but have found digital marketing far more effective and shifted their focus to these channels.
Sprint Business Brokers
1824 Store Street, Victoria, BC, V8T 4R4
Phone: (250) 812-0089, Email: info@sprintbusinessbrokers.com
High-Margin Fitness Studio with Hands-Off Owner
Asking Price
$400,000
SDE
$102,486
EBITDA
Industry
$102,486
Gyms and Fitness Centers
Gross Revenue
Location
$395,763
Victoria, British Columbia
Entering its 30th year of business, this fitness studio has enjoyed a history of profitability. This has resulted in strong owner earnings each year. The studio provides a variety of fitness-focused martial art activities to its clientele.
Contributing to its success is the company's strong brand, which is known as a health and fitness program with an emphasis on nutrition, fat loss, coaching, and accountability. This is different than traditional weight loss and workout courses, as it teaches customers a new skill while helping them on their health journey.
The company has a full-time General Manager who handles all day-to-day operations, allowing the owner to provide minimal oversight, making this opportunity ideal for either an investor or owner/operator.
Number of Employees
4
Year Established
1993
FF&E
N/A
Inventory
N/A
Reason for Selling
After operating the business for nearly 30 years, the owner is ready to move on to new projects.
Facilities & Assets
The business is centrally located on a major intersection of Victoria. They are situated in a busy strip mall with ample parking and many amenities nearby for parents to enjoy while their children are in lessons, the studio is also located across the street from a high school. This studio could not ask to be in a better placement within the city!
The studio has created an excellent relationship with the landlords, solidifying an affordable lease in place with the option to renew upon expiry. This clean and well-maintained space is composed of a gym area for instruction, storage space for equipment, and a washroom.
The current payment for the lease after operating expenses are adjusted is $6,405.70 including GST.
Growth & Expansion
The business currently uses digital marketing strategies to drive sales. These include the promotion of services on social media platforms (Facebook and Instagram) as well as email promotions and member referral programs.
In the past, they have used print and radio advertisements but have found digital marketing far more effective and shifted their focus to these channels.
Efficient Experienced Empathetic
We check all the boxes for small business sales.
Canada's only nationwide business brokerage specializing in selling owner-operated businesses valued under $500k.
Address
(250) 812-0089
info@sprintbusinessbrokers.com
1824 Store Street, Victoria, BC, V8T 4R4
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