Health and Fitness Center
Location: Utah > Salt Lake County > Salt Lake City
Industry: Personal > Other Personal Prod. and Services
Financials
Asking Price: $775,000
Gross Revenue: $813,972
Cash Flow: $176,888
FF&E: $675,000 (Included in Asking Price)
Seller Financing: $775,000 total price with $600,000 down seller carry back over 5 yr period $175,000
Business Summary
Well established club with over 1300 dedicated members with very little advertising. Third party business appraisal priced business at $858,000 low, midrange at $961,000 and high at over $1,000,000. Priced to sell quickly at $675,000 ALL CASH!! or $600,000 down and owner will carryback $175,000 for toal price of $775,000
About the Business
Year Established: 2002
Employees: 40 part time
Facilities: approx. 15,000 sq ft. all the equipment has been recently upgraded and is beautiful. Improvements to the building and facilties are accomodating and modern, shows well to clients and vistors alike.
Market Outlook and Competition: Little competition in area, has great customer base and draw wth wonderful mix of business and residential to support long into the future.
About the Sale
Management Training and Support: Negotiable, whatever amount of time is needed for new owner to feel comfortable with transition.
Reason For Selling: Other business interests are taking more and more time. Owner does not have the time and ability to develop other business interests.
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Listing Tools
BizQuest ID:920351
Seller ID:S-3538
Business Listed By
Name:Kirk Foulger
Company:Business Resource Center SLC
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