Asking Price: $425,000

Gross Revenue: $500,000

Inventory: $425,000 (Included in Asking Price)

Real Estate: $1,975,000 (Included in Asking Price)

Seller Financing: This business will only be disclosed to buyers who can prove financial ability. The sellers are not offering financing. Traditional commercial financing is available thru a preferred SBA lender.

The purchase price for the business is $425,000 and includes all the furniture, fixtures and equipment. Also included is the business name, membership list of 800 to 1000 members, other goodwill and intangible business assets. A complete asset list of all fitness equipment, furniture and fixtures list available. Any product inventory is not included in the purchase price of the business and can be purchased at cost. The purchase price for the real estate is $1,975,000. The real estate appraised for more than the current asking price in 2004 upon completion of the build-out and leasehold improvements. Financial information is available to qualified buyers after visiting the facility and meeting with the Sellers.

Year Established: 2004

Employees: 1 full time - 7 part time

Facilities: This is a 25,000 square foot facility on two floors. There are other tenants that compliment the health and fitness center and provide additional cash flow. The owners of the business also own the real estate. The business entity leases back the space from the real estate company. The sellers will offer a buyer a long term lease if the buyer does not want to purchase the real estate and will include a “right of first refusal” to purchase the real estate in the new lease.

Market Outlook and Competition: To own and operate an independent and premier area health and fitness facility in South Central Pennsylvania. The business could easily be converted to a accommodate a franchise business model.

Reason For Selling: The sellers are professional real estate investors who are divesting several of their holdings while doing other projects.