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Missouri Business For Sale |
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| FITNESS CENTER - ST. LOUIS - EXTREMELY PROFITABLE |
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| Attn: Russell |
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| St. Louis, MO, USA |
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| Asking Price: |
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$1,250,000 USD USA Dollars |
| Business for Sale Industry: |
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Recreation: Sports, Exercise, Gyms |
| Reason for Selling: |
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Owner wants to focus on their other businesses. |
| Year Established: |
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2003 |
| # of Employees: |
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5 Full Time / 5 Part Time |
| Yearly Revenues: |
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$798,000 |
| Yearly Cash Flow: |
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$340,000 |
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Business for Sale Overview:
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This full service health club is growing in size, membership and profitability.This club has undergone significant changes in the past year including the influx of a large number of members from the sale and reconstruction of one of this ownership group’s nearby clubs as well as a construction project which will increase the square footage from 4,500 to 7,500 square feet. The service offering at the club is very comprehensive with the following facilities on site: weight room, locker rooms, outdoor pool, outdoor whirlpool, spinning room, aerobics room (over 25 group classes per week), and a smoothie bar.
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Property Features and Assets:
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Local area is a hotbed area for medical, financial, art, and student populations. Favorable lease with ample parking – a rarity in this area. Price includes $150,000 in current expansion construction costs. Membership base is large and growing monthly.
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Market Competition and Expansion:
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Minimal competition. Local area is a hotbed area for medical, financial, art, and student populations. |
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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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