Health Club
Location: Utah > Salt Lake County > Salt Lake City
Industry: Health and Medical > Health Clubs and Spas
Financials
Asking Price: $250,000
Gross Revenue: $813,972
Cash Flow: $89,714
Seller Financing: will consider small note
Business Summary
If you like the "GO GREEN" this would definitely be the business to look at. Offered at 25% ownership for $250,000. Cashflow reflects splitting 25% of the profits and taking over the manager's position.
Would consider partnering with a doctor, physical therapist, nutritionist, etc. and offering office space for their practice within and shared receptionist. Collect 100% on your practice and also collect the %split of all the profits from the club. Owner would also consider 10% ownership for $100,000.
Would consider partnering with a doctor, physical therapist, nutritionist, etc. and offering office space for their practice within and shared receptionist. Collect 100% on your practice and also collect the %split of all the profits from the club. Owner would also consider 10% ownership for $100,000.
About the Business
Year Established: 2002
Employees: 8 full time - 32 part time
Facilities: LOCATION IDEAL
Market Outlook and Competition: GROWTH POTENTIAL HAS NOT BEEN TAPPED- According to the American Sports Data households with income ranges of $50k-$75k join health clubs at 13.3% and households with income over $75k+ join at a rate of 21%. This research also found that 87% of the members will come with-in a 12 minute drive time. Demographically of the 200 census there are over 111,000 residents within an 8 minute drive 21.2% maintain income between $50k-$74k and 31% maintain income level of $75k+. Compiling this information, the Club has a market share of greater than 10,000 potential members. Only have 1,300 dedicated members with little/no advertising.
About the Sale
Management Training and Support: yes
Reason For Selling: Owns another business
Attached Files - Attachment Disclaimer
| 25 years Selling Businesses - 25 years Selling Businesses over 2000 sold and counting |
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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