Global brand with thousands of locations worldwide, great value!

This is a portfolio of five franchise gyms located in Metro Detroit’s affluent and highly populated communities. The current owners bought the business in 2022 from previous owners who did not perform any marketing or sales, which created an opportunity for the current owners to improve business efficiencies. The business can now be operated with minimal involvement due to excellent management. The franchise has a membership-based model, with an average monthly membership cost of $52.50. The business also generates revenue through personal training, which has a net margin of over 50%.

This multi-gym listing includes two well-established clubs and three newer locations all in highly populated, affluent communities in Metro Detroit. Currently, all locations are at different stages of a “Club Refresh” with some require remodeling and others needing minimal upgrades.

The Global Health and Fitness Club market size is anticipated to expand at a CAGR of 7.5% to reach USD $125.23 Billion by 2030. Additionally, an attendance increase in the 20 to 64-year-old age group, the largest gym-goers, has boosted gym membership demand in the United States. Baby boomers are also expected to join health clubs as they prioritize their health with age.

Personal training represents a lucrative revenue stream for the gyms, providing a critical financial backbone beyond basic membership fees. Personal training sessions offer a higher price point compared to standard gym memberships. While a membership fee gives access to facilities, personal training services are priced higher because they provide personalized attention and tailored workout plans. The net margin on these service is over 50%.

The business now operates with excellent management and can be operated nearly absentee with minimal involvement. After nearly three years of successful revitalization, the owners are now in search of a driven sales-minded entrepreneur to assume control of this portfolio. They are seeking a buyer who will continue to expand through innovative growth strategies.