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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 resale opportunity.
• This is not a distressed business or bankruptcy situation.