Excellent opportunity to own this 3,200 square foot Performance / Gym Business which has actually been fully upgraded. This business generated a 2013 gross income of $271,000 and a dependable net income of $107,850. Their clientele enjoys the atmosphere of relaxation and cleanliness in a well maintained facility, while being treated along with respect by our professional staff. They offer some of the most advanced fitness equipment in the area and provide only the best exercise apparatus, friendly attentive service in a state-of-the-art fitness center. Their goal is to provide a refreshingly positive workout experience and adjustment the way people view health clubs.
The sale includes a fully equipped 3,200 square feet Gym along with newer equipment and a list of equipment is available upon request. The building has actually a capacity for 90 members, 3,200 square feet on one main floor and no basement and there are currently approximately 300 members. This fitness business requires one full and two part time employees plus various personal trainers who are unaware of the pending sale and expected to remain post closing.
This business location has actually substantial private parking on the site and part of the lease. This fitness center is operational seven days weekly along with hours from 6:00 am to 9:30 pm. This particular industry does not require any particular license other than a certificate of occupancy to conduct its day to day operation. The business has actually an assignable 6 year commercial lease plus options, expires 2019-01-1 along with a monthly rent of $4,986 and a rent security of $8,000.
Based on the asking price, required down payment and net income this business ought to supply a dependable return to the owner operator prior to debt service. This is an outstanding safe business opportunity.