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Fitness Center with Real Estate
Asking Price:   $1,339,000Inventory:   $5,000 ++
Gross Revenue:   $179,512 (comments below)Real Estate:   $1,240,000 ++
Cash Flow:   Not Disclosed (comments below)FF&E:   $94,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Asset Sale
Cash Flow Comments: Asset Sale
New family fitness center with brand new equipment and 2008 specially constructed facility with 4,000 sq. ft. in prime location and demographic offering state-of-the-art free weights and machines, cardio, and specialty training for individuals and classes (call for specialty training description). This club offers specialty training specific to a niche market that is exploding in popularity. This club boasts world class instructors helping beginning to professional membership. This is a clean, well-lit facility with private showers and locker rooms make this the perfect buy for a trainer who wants to own his own club. Great website and advertising program in place with print, radio, and cable TV. Club has perfect books and records and ample parking. Offered as asset sale, Seller stated new business.
About the Business
Year Established:2008
Employees:2 full time -
Facilities:4000 square foot Concrete Block Stucco builing custom built for fitness center located in prime commercial area in Palm Beach County with great direct access from major highway and ample parking.
Market Outlook and Competition:Marketing plan in place, niche market is expanding exponentially in popularity and club is offering world class training. Club was purposely built in 2008 and is beautiful. Membership has been increasing since opening and owner has laid the foundation for new owner to capitalize on his risk and hard work. Everything approximately one-year old including building and in like-new condition. Club is only open limited hours currently and could be increased to improve cash flow.
About the Sale
Management Training and Support:Two-weeks at not cost to new owner. Additional training and familiarization available with consulting agreement.
Reason For Selling:Owner started new business

KEYWORDS: gym, fitness, workout, health, club, training, boxing, mma, kick, beach, florida, personal, real, estate, weight, cardio,


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Business Listed By
Dan Cheney  |  VR Business Brokers / Mergers & Acquisitions
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Industry: Health and Medical
Segment: Health Clubs and Spas

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