Health and Fitness Center
| Asking Price: | $395,000 | Inventory: | $15,000 ** |
| Gross Revenue: | $349,811 (comments below) | Real Estate: | n/a |
| Cash Flow: | $151,698 (comments below) | FF&E: | $108,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 | |||
| Cash Flow Comments: Seller's Discretionary Cash Flow | |||
Premier health and fitness center situated in a restored landmark building located in a desirable oceanfront city. The membership-based center offers programs in stress reduction, weight and body composition, strength and endurance training, and recovery and rehabilitation from illness or injury, all designed for a life-long dedication to superior mental and physical health and fitness. Catering to a loyal, affluent membership and with a true international flavor present throughout its operations, the facility is equipped with a full complement of current age cardio and strength training equipment sourced from leading manufactures from around the world. All of the programs offered by the facility are conducted by skilled trainers, each with a specific educational and professional background dedicated to the program that they conduct. A capable General Manager oversees all operations of the facility and is committed to remaining under successor ownership.
About the Business
Year Established:1997
Employees:6 full time -
Facilities:4,664 square feet of leased in restored landmark building with 4,664. Lease is renewal at tenant's option.
Market Outlook and Competition:Center maintains consistent level of revenues and profitability. Revenues are membership-based and paid by direct deposit.
About the Sale
Management Training and Support:Available.
Reason For Selling:Retirement.
Seller Financing:Available for qualified buyer.
KEYWORDS: Health, Fitness, Wellness.
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