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Virginia Business For Sale

  
MODERN FITNESS CENTER IS PROFITABLE (REDUCED!)


Attn: Ross Weinstein
Hampton Roads (Southside), VA, USA
Listing Number: "1019"
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Asking Price: $125,000 USD USA Dollars
Business for Sale Industry: Services: Non-classifiable
Reason for Selling: Owner focused on other interests.
Year Established: 1988
# of Employees: 3 FT & 6 PT
Yearly Revenues: $347,000
Yearly Cash Flow: $100,000



Business for Sale Overview:
This state of the art South side Hampton Roads fitness center has a loyal following, strong profits, and 8,800 sq. ft. of top of the line equipment. It is located on a very busy and prominent road in one of the fastest growing, and desirable sections of South side Hampton Roads. From personal training, active memberships and fitness products, the business has a nice blend of revenues. The owner spent a lot of time away from the gym in '07 and while he is back pretty much on a fulltime basis; he is able to come and go as he pleases and is able to take a lot of vacation time away from the gym. For someone looking to own their fitness center, this is absolutely THE one to buy.

Property Features and Assets:
8,800 sq. ft. freestanding building loaded with modern equipment and ample parking. The rent is $4,445/month.

Market Competition and Expansion:
Located on a busy and prominent road in one of the fastest growing, and most desirable, sections of Southside Hampton Roads.


Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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