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Asking Price$99,000
Revenue$358,000 EstablishedUndisclosed
Cash Flow$77,790 Employees5 full, 2 part
FF&E$40,000 FranchiseNo
Inventory$2,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
General Fitness and Spin Center. Non-Franchised. Established 10 years ago, this deal is really 2 businesses in one. They offer a 4,000 sq. ft. fitness center and 3,000 sq. ft. spin studio in a great location. The space is fully equipped with state of the art cardio and strength training equipment, a full line of free weights, resistance training and spacious exercise studios. They offer a variety of classes for all fitness levels. The business is fully staffed with 7 fitness instructors. A new 10 year lease is possible for a qualified tenant at a rate of $7,200/mth. They currently have approx. 400 active members and approx.100 active personal training clients In the past year the business grossed approx. $358,000.00 with a cash flow of approx. $77,790.00 (for an owner/operator). We are seeking a serious and financially qualified buyer with at least $113K in liquid funds to cover the asking price and rent security. To learn more, please call Mel Vaz at 1-877-735-5224, ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
Training/Support:The seller will train the new owner.
Seller Financing:99,000.00 Down & None.
Sale Reason:Personal
Ad #102033
Seller Reference #30941
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Mel Vaz
877-735-5224
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