Gold's Gym
Stuart, Florida
Proven operators expanding into one of Florida's strongest growth corridors. We are seeking a capital partner for a 25,000+ SF flagship facility with structured downside protection and performance-based upside.
Stuart, Florida —
Florida's Treasure Coast
Located in Martin County, Stuart sits at the intersection of affluence and growth. A year-round population base with high disposable income, strong retail corridors, and limited premium fitness options creates an ideal market for a flagship Gold's Gym development.
Premium Coastal Market
Martin County ranks among Florida's highest-income coastal markets with strong year-round population stability.
Migration Tailwinds
Sustained in-migration from Northeast and Midwest driving population growth of 2.9% annually.
Limited Competition
No direct big-box fitness competition in the immediate trade area — significant whitespace for a premium operator.
Affluent Demographics
High household income supports $42+ average membership pricing with strong personal training attach rates.
Key Market Indicators
Strength-Focused,
Purpose-Built
A full-service Gold's Gym designed from the ground up to maximize member experience, personal training revenue, and operational efficiency.
Premium Free Weight Area
Competition-grade platforms, specialty bars, and heavy dumbbells up to 150 lbs.
Functional Turf Zone
Dedicated sled track and functional training space for performance-minded members.
Group Fitness Studio
Multi-purpose studio for classes, cycling, and specialty programming.
Personal Training
Built-in PT infrastructure with dedicated training zones and consultation areas.
Recovery & Amenities
Full locker rooms with recovery offerings to support premium membership tiers.
12-Month Rent Abatement
Secured lease concession protects early cash flow during ramp-up period.
Project Cost &
Capital Structure
A disciplined capital plan with clear uses, sponsor alignment, and investor-first protections.
Capital Raise: Equity partner funding majority of project cost. Sponsors contributing capital and signing personal guarantees on the lease.
Sponsor Alignment
Every structural element is designed to protect investor capital and ensure operator accountability.
Sponsors Sign the PG
Personal guarantees on the lease demonstrate full commitment and alignment with investor capital.
Full-Time Operators
Sponsors are not passive — they are the day-to-day operators running the business.
Investor Capital Returned First
100% of distributable cash flow goes to the investor until their capital is fully returned.
Stabilized Performance
Projections
Conservative underwriting with strong fixed-cost leverage once the breakeven threshold is surpassed. Personal training revenue provides meaningful upside to base membership economics.
5-Year Projection Model
Membership ramp & revenue trajectory
Revenue Composition
Personal training revenue represents 20–30% of total revenue, providing significant margin enhancement above base membership economics.
Profitability Profile
Strong fixed-cost leverage once breakeven threshold is surpassed. Incremental members above breakeven contribute disproportionately to EBITDA.
Investor-First
Distribution Model
A structured waterfall designed to ensure investor downside protection. Sponsor upside only after the investor wins first.
Return of Capital
100% of distributable cash flow to investor until capital is fully returned.
Preferred Return
If applicable, preferred return accrues and is paid before any promote.
Base Split
Post-payback distribution: 70% Investor / 30% Sponsors.
Performance Promote
Upside tiers tied to 2.5x+ MOIC or 20%+ IRR thresholds.
Target 5-Year Outcome
Investor Protections
Investor capital returned first — before any sponsor distributions
Personal guarantees signed by sponsors on the lease
Sponsors contribute their own capital alongside investor
Performance-based promote only after investor achieves target returns
Full-time operator commitment — not a passive investment for sponsors
Beyond Stuart —
Regional Platform
Stuart serves as the anchor unit for a defensible regional fitness platform with recurring revenue and real asset backing.
Launch & Stabilize Stuart
Open flagship location, build membership base to 3,000+, achieve stabilized EBITDA.
Regional Expansion
Expand into Port St. Lucie and Palm Beach County with proven playbook.
Platform Scale
Build 4–6 unit Florida regional holdco with centralized operations.
Long-Term Optionality
Recapitalization
Refinance stabilized assets to return investor capital while retaining equity.
Cash-Flow Hold
Maintain ownership of a high-margin, recurring revenue platform.
Platform Sale
Sell the regional platform to private equity at a premium multiple.
Why This
Opportunity
A disciplined, operator-led investment with structural protections, strong market fundamentals, and a clear path to platform value creation.
Proven Operators
Experienced Gold's Gym operators with a track record of building and managing fitness facilities.
Recurring Revenue Model
High-cash-flow membership model with predictable monthly recurring revenue and strong retention.
12-Month Rent Abatement
Secured lease concession significantly reduces early-stage risk and protects cash flow during ramp-up.
Florida Migration Tailwinds
Sustained population growth from Northeast and Midwest migration creates expanding addressable market.
Sponsor Alignment
Personal guarantees, capital contribution, and full-time operational commitment from sponsors.
Structured Investor Waterfall
Investor-first distribution model with 100% cash flow to investor until capital is returned.
Seeking a Disciplined
Capital Partner
We are looking for a capital partner who values long-term platform building and structured downside protection. This opportunity is suited for investors who appreciate operator alignment, recurring revenue models, and the Florida growth thesis.
Confidential — For Qualified Investors Only
This presentation is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. All projections are forward-looking and subject to change.