In today's fast-paced world, opportunities to acquire a thriving business
focused on health, wellness, and community are rare. We invite you to explore
the possibility of owning the Sisters Athletic Club, in Sisters, Oregon. This
profitable and well-established business and exceptional real estate offers a
unique opportunity to build upon a legacy of success.
The Sisters Athletic Club, located twenty minutes from Bend, Oregon, is a highly
regarded Pacific Northwest business, known for its satisfied patrons, dedicated
staff, modern facilities, and welcoming atmosphere. Owner Tate Metcalf has built
this successful and community-focused establishment from the ground up, drawing
on his nearly 40 years in the fitness industry. Notably, Metcalf mentored Ashton
Eaton, the two-time Olympic decathlon gold medalist, who credits Metcalf's
guidance as crucial to his success.
The club was chosen International Health
Club of the Year for Community Service in 2018 out of 9000 clubs worldwide, and
has been awarded the Sister’s Chamber Business of the Year, and Central Oregon
Realtors Building of the Year.
Located in a 24,000 +-sq ft building on 1.4 +- acres near downtown Sisters, the
Sisters Athletic Club boasts over 1,400 members.
Impressive, given the town's
3,000 year-round residents. This success reflects the club's appeal to both full
and part-time residents seeking fitness, relaxation, and a welcoming community.
Beyond the fitness area, the building includes a physical therapy business and
will soon feature a restaurant run by a renowned chef.
The property also offers
ample space for future development.
Consider these benefits as the new owner of this property and the proprietor of
the Sisters Athletic Club:
An indoor pool and outdoor hot tub, with patrons able to swim laps or join in
one of several water-based exercise classes
A specialized spin room for those seeking to break a sweat in a well-designed
space
A quiet and warm yoga studio for individual or group sessions to stretch your
body and calm your soul
A personal training space designed to be used with a caring trainer on a
one-on-one basis.
Free weight, weight machines, and cardio equipment rooms for building endurance
and muscle
A quiet and idyllic recovery room with cutting edge massage recliners and other
specialized equipment
Comfortable community areas for just hanging out or small parties and
gatherings, to put your toes and feet up or toast friends and family
The welcoming fully staffed lobby area and a small café room stocked with drinks
and snacks
With approximately 1,400 members paying monthly dues, plus income from
complementary sales (athletic wear, food, and beverages), special fitness
events, and personal training, the Sisters Athletic Club has a multipronged
income stream.
With annual income remarkably consistent over the past decade
(except for two COVID years) the club is a proven income generator. And, there
is room for growth. This includes adding additional pay-as-you-go classes,
expanding the building to accommodate more uses, and increasing branded goods
sales.
The real estate is also an income producer. With the obvious lease income from
the SAC, plus rental revenue from the handful of long term and newer tenants,
the property is a solid investment. Additional income from the property could
come from special events being held that are not wellness industry related and
from increasing lease rates over time.
The reasonable asking price for the real
estate and business was derived from standard investment formulas. More
financial information is available upon request.