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Massachusetts Business For Sale |
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| COED HEALTH CLUB AND FITNESS CENTER |
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| Attn: Ira Rashap |
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| Worcester, MA, USA |
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| Asking Price: |
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$395,000 USD USA Dollars |
| Business for Sale Industry: |
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Recreation: Sports, Exercise, Gyms |
| Reason for Selling: |
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Health issues |
| Year Established: |
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2002 |
| # of Employees: |
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8 |
| Yearly Revenues: |
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$620,000 |
| Yearly Net Profit: |
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$125000 |
| Monthly Payroll: |
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$7,000 |
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Business for Sale Overview:
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15,000 square feet club with 1,600 members. Fabulous location. Newly renovated with equipment that is 1-3 years old. Part of a wellness complex. Under Served Market. Great demographics. Presently run on automatic pilot. Many areas of growth possible. The space can be expanded. Great opportunity for an experienced operator or as an additional location for a chain. Price is a lot less than the cost to build out a gym with equipment.
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Property Features and Assets:
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Prime location on very busy road. Plenty of parking. Located in a 70,000 square feet building with other related businesses. New plumbing, electric, HVAC and locker rooms. 1,600 square feet aerobic area with suspended floor. Lots of newer equipment. Can easily raise prices. |
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Market Competition and Expansion:
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Almost no competition in the area. Can expand the facility. Huge population within 3-5 miles, with no other facilities. |
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Additional Details:
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- 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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