Sell a Business!
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Utah Business For Sale |
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| HEALTH AND FITNESS CLUB |
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| Attn: Business Resource Center SLC |
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| Salt Lake City, UT, USA |
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| Asking Price: |
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$775,000 USD USA Dollars |
| Business for Sale Industry: |
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Recreation: Sports, Exercise, Gyms |
| Reason for Selling: |
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other interests |
| Year Established: |
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2002 |
| # of Employees: |
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40 |
| Yearly Revenues: |
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$813,972 |
| Yearly Cash Flow: |
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$176,888 |
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Business for Sale Overview:
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Health Club- Well established with over 1,300 dedicated members with little advertising. The Health Club just had an independent third party business appraisal that appraised for
Low range $858,000
Mid Range $961,000
High Range $1,064,000
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Property Features and Assets:
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15000 sq ft of space with state of the art equipment. Building and improvements show well to clients and vistors. Beautiful facility. |
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Market Competition and Expansion:
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LOCATION IDEAL - According to the American Sports Data households with income ranges of $50,000-$75,000 join health clubs at 13.3% and households with income over $75,000 plus join at a rate of 21%. This research also found that 87% of the members will come with-in a 12 minute drive time. Demographically of the 200 census there are over 111,000 residents within an 8 minute drive 21.2% maintain income between $50,000-$74,000 and 31% maintain income level of $75k,000 plus. Compiling this information, the Club has a market share of greater than 10,000 potential members. |
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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 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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