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Asking Price:	$499,000 USD USA Dollars
Business for Sale Industry:	Recreation: Sports, Exercise, Gyms
Reason for Selling:	Owner want to focus on another location
Year Established:	2005
# of Employees:	3
Yearly Revenues:	$480,604
Yearly EBITDA:	$101,766
Yearly Net Profit:	$101,766
Yearly Gross Income:	$480,604

Business for Sale Overview:

Beautiful FITNESS CENTER / GYM located between the Design District and Downtown / Brickell. Plenty of new condominiums just being finished in the surrounding area which will greatly increase memberships. 6300 sq ft facility with excellent equipment in excellent condition. They offer stretching areas, weights, cardio, spinning, yoga, and personal training. New owner to take over equipment leases, only 12 months remaining on those leases. Currently 1600 current and active members, which is increasing daily.

Property Features and Assets:

Beautiful FITNESS CENTER / GYM located between the Design District and Downtown / Brickell. Plenty of new condominiums just being finished in the surrounding area which will greatly increase memberships. 6300 sq ft facility with excellent equipment in excellent condition. They offer stretching areas, weights, cardio, spinning, yoga, and personal training. New owner to take over equipment leases, only 12 months remaining on those leases. Currently 1600 current and active members, which is increasing daily.

Market Competition and Expansion:

no compete 2 miles for 3 years

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 a distressed business or bankruptcy situation.