Big Price Drop – Fitness Center

Business Summary

Owner has dropped the price to sell quickly. Turn-key membership-based fitness center, with large space and reasonable rent. Numerous pieces of equipment, estimated to be approximately $200,000 at market value, including nautilus and other mechanical fitness machines, free weights and a training room. An active owner who is a trainer would have the opportunity to reduce expenses. Shower/locker rooms are included. Center currently has 780 members, with capacity to grow. Members have 24 hour key fob access. Security camera system protects the facility.

Financials


Asking Price Range:  

Gross Revenues:  

$181,045

Cash Flow:  

$73,744

Cash Flow Type:  Sellers Discretionary Cash

Inventory:  $200,000

Seller Financing:  Not Disclosed

About The Business


Year Established:  2015

Number of Employees:  1 – 3

Relocatable:  Not Disclosed

Franchise:  Not Disclosed

Current Real Estate:  Leased

About The Sale


Management Training and Support:  1 week
Reason For Selling:  other business interests

Photos

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Big Price Drop - Fitness Center Photo 1








Print Listing Id: 700253128