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Asking Price:	$397,000 USD USA Dollars
Business for Sale Industry:	Recreation: Sports, Exercise, Gyms
Reason for Selling:	Relocating
Year Established:	1991
# of Employees:	15
Yearly Revenues:	$420,000
Yearly Cash Flow:	$122,200
Monthly Payroll:	$7,000

Business for Sale Overview:

Take a look at this investment! The current owner works about 30 hours a week. Easy work, just show up and light managing. This is a high traffic fitness center with 10,000 square feet of space. Located in a busy area, this gym enjoys large repeat customers as a result of 17 years of excellent service. Offering plenty of free weights and strength training machines, treadmills, elliptical trainers and stair-climbers with integrated audio/video equipment, motivating group classes including aerobics and personal training. This fitness center offers state-of-the-art facilities with a large quantity and variety of machines for customers so they're not waiting in line to finish their workout. There is plenty of room to grow. Owner manages only, but if you want to exercise, you can create classes and train to make more income. Due to the mild skills required and low work week required to run this operation, this won't last!

Property Features and Assets:

State-of-the-art 10,000 square feet facility in great location. Plus includes $275K in equipment

Market Competition and Expansion:

Plenty of room to grow. Owner will advise how to add to the revenue.

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.