Multi-location Retail Fitness Equipment Dealer

This decades-old multi-location retail fitness equipment dealer provides the highest quality products with the best trained and most experienced staff in the fitness equipment market in Texas. In addition to selling into the home market, this dealer provides commercial fitness equipment and accessories to gyms, hotels, schools, and apartments. Location: San Antonio, Texas Year Established: 1981 Number of Employees: 26 Real Estate: Leased Building Sq. Ft.: 27,600 Facilities: Multiple leased retail locations in Texas. Market Outlook/ Competition: There are only a few competitors in the markets this company has a location. State-wide we are only aware of one other company with a comparable product line and significant experience in the industry. The industry is expected to grow at a rate of over 11% for 2021 - 2027. Growth & Expansion: Significant opportunity for growth as this business was previously sold to a private equity group when it had over 15 locations throughout Texas. The family private equity group mismanaged the business until they were finally forced to close. The founder purchased the business name back and re-established several locations in order to re-employ long-time dedicated employees. People, systems, and processes are in place to expand this business into several major markets inside and outside of Texas.