Business Overview
About the Company
**Business Description**
Centrally located in the heart of SE Portland\.
Business opportunity for sale: 3,000 sq\. ft\. of leased space\. Currently operating as a gym/fitness center featuring group classes, one\-on\-one coaching, and workshops\. The seller has doubled gross income from 2022 to 2023\. All equipment, furnishings, sound and lighting systems, business name, branding assets, lease, and client list are included\. A new 700 sq\. ft\. exercise/yoga/floating dance floor and professional mirrors were installed at the end of 2023\. All showings by appointment only through the listing broker\.
**Detailed Information**
Location: Multnomah County, OR
Inventory: Included in asking price
Real Estate: Leased
Building SF: 3,000
Lease Expiration: 3/31/2027
Employees: 1
Furniture, Fixtures, & Equipment \(FF&E\): Included in asking price
Facilities: All exercise equipment, furnishings, sound and lighting systems, business name, branding assets, lease \(assignment to new owner subject to approval of lessor\), and client list\.
Competition: The market conditions remain favorable\. There is demand for small gyms and fitness models focused on individual attention and coaching, appealing to those who need personalized guidance to achieve their fitness goals\.
Growth & Expansion: Potential for increased revenue through the expanded use of the new floating floor for activities like dance, aerobic workouts, and yoga\. There are currently no early morning classes in the 5:00 AM to 8:00 AM slot\. Additional opportunities include targeting the aging population with classes offering individually tailored programs\.
Financing: Cash out only\.
Support & Training: Type and duration of support and training to be negotiated as part of the sale\.
Reason for Selling: Seller is pursuing a career change\.
Home\-Based: This business is home\-based\.
