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Utah Business For Sale

 

HEALTH CLUB


Attn: Business Resource Center SLC
Salt Lake City, UT, USA
Listing Number: "S-3539"
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Asking Price: $250,000 USD USA Dollars
Business for Sale Industry: Recreation: Sports, Exercise, Gyms
Reason for Selling: owns other businesses
Year Established: 2002
# of Employees: 40
Yearly Revenues: $813,972
Yearly Cash Flow: $89,714



Business for Sale Overview:
If you like the "GO GREEN" this would definitely be the business to look at. Offered at 25% ownership for $250,000. Cash flow reflects splitting 25% of the profits and taking over the manager's position. Would consider partnering with a doctor, physical therapist nutritionist, etc. and offering office space for their practice within and shared receptionist. Collect 100% on your practice and also collect the %split of all the profits from the club. Owner would also consider 10% ownership for $100,000.

Market Competition and Expansion:
Growth Potential Has Not Been Tapped- 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 $75,000 plus. Compiling this information, the Club has a market share of greater than 10,000 potential members. Only have 1,300 dedicated members with little/no advertising.


Additional Details:
  • 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 may become a homebased business opportunity.
  • This may become a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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