Northern California Fast Growing CrossFit Gym - SC2095

This Northern California-based CrossFit Gym is a California Limited Liability Company and was formed a little over 1 year ago and has been growing since its inception. This company upholds high standards for their training and believe in high-touch, coach-led classes, with intense focus on safe and healthy movement patterns. Each member is treated with respect, and with human connection that is often lost at other CrossFit Gym’s. Their community is approximately 100 members strong and have been training together for a long time. They offer several programs and services, focusing on personal training, on-ramp series for those new to CrossFit, raw strength training, Olympic lifting and gymnastics.

CrossFit is recognized as one of the fastest growing training programs in the World. Due to its width of scope and essentially simple applicability, it has registered many practitioners and clubs practicing it worldwide in the last ten years. It’s simple and understandable concept has made it possible to create a large social capital - many practitioners, instructors and clubs, which are also a part of the program promotion (word-of-mouth). In addition to becoming a category, CrossFit has grown into a distinct culture, and the foundations of this program are its functionality and people's need to exercise and live a healthy life. Due to the number of people practicing this program, the 5-digit number of CrossFit clubs worldwide and its large and continuous media presence, it can be said that CrossFit has become a constantly evolving global sports movement with a huge marketing potential. CrossFit is one of the best examples that simple things and ideas are usually the most effective in any branch, including the sports industry.

Competition Description
There is competition in the marketplace, but many have older clientele and are under poor management.

Growth / Expansion overview
Sales can be improved by increasing social media, and digital marketing, and by offering additional classes and training through the facility. While this business was impacted by Covid shutdowns, it has rebounded quickly and is poised for continued growth.

Support / Training Comments
Seller is willing to provide training for 2 weeks at 20 hours per week. Seller is willing to provide additional training and support as needed at terms that are mutually agreed upon by the Buyer and the Seller.

Financing Comments
Seller financing is not available at this time.

Reason For Sale
Sellers would like to pursue other interests.

Home Based: No
Year Established: 2021
Franchise: No
Year Acquired: 2021
Willing to Train: Yes
Relocatable: No
Required Licences:
Is Property Leased: Yes
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Real Estate Asking: N/A
Days Open:
Hours Open:
Full-time Employees: 1
Part-time Employees: N/A
Distressed: Yes
Monthly Payroll: ON REQUEST
Building Size: 3,200 sq ft
Monthly Rent: $3,200
Lease Expires:

Broker: ProEquity Asset Management Corporation License ID: 01870526