Established and Profitable Women's Fitness Center
| Asking Price: | $39,000 | Inventory: | |
| Gross Revenue: | $110,000 | Real Estate: | n/a |
| Cash Flow: | $73,000 | FF&E: | $30,000 ++ |
| ++ included in the asking price ** not included in the asking price |
Well established and profitable Women’s Only Fitness Facility located in Monmouth County. Spacious, clean, and well equipped the club’s location is on a major commuter highway in the heart of a heavily trafficked retail corridor Turn key operation with hundreds of members and continually growing. The current owner has spent a great deal of time and money to renovate and modernize this business establishing it for future growth. Current owner will assist in transfer and retention of clients. Seller will help train new owner to insure a seamless transition. In addition, training will also be provided by the franchisor. Additional profit centers could be added (juice bar, physical therapy, massage, etc.). This a very attractive opportunity to buy an established business with growth potential. All financials are verifiable via franchise, bank statements, and tax returns. You can reap the benefits of this well established fitness facility for a extremely reasonable price listed below market value. This is a VERY attractive opportunity to buy an established business. Seller is motivated, easy to work with, and will finance 50% @ 6%.
About the Business
Year Established:2003
Employees:1 full time - 3 part time
Franchise:Yes
Facilities:Prime location on a major commuter highway in the heart of a heavily trafficked retail corridor. All equipment is professionally maintained and serviced. The current owner has spent a great deal of time and money to renovate and modernize this business establishing it for future growth. Extremely great lease terms with landlord who is very easy to work with.
Market Outlook and Competition:Fitness Franchises are the hottest trend in franchising and has shown an steady increase for the past three years and expected to rise by an additional 300% by 2010. Studies show that fitness centers, primarily gender specific franchised business' are not adversely affected by the current economic climate.
About the Sale
Reason For Selling:Retirement
Seller Financing:Seller is motivated, easy to work with, and will finance 50% @ 6%.
KEYWORDS: fitness, women's, women's fitness, gym, health, exercise, ladies, franchise, club, aerobics, tanning, spa, work out, fitness center, health, health club
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