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Business For Sale

HI VOLUME AND PROFITABLE 3 GYM CHAIN FOR SALE

Attn: Russell Cohen
Broward County, FL, USA
Listing Number: "1647766"
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Asking Price: $2,000,000 USD USA Dollars
Business for Sale Industry: Recreation: Sports, Exercise, Gyms  
Reason for Selling: Relocating
Year Established: 1998
# of Employees: Full Time : 6, Part Time : 3
Yearly Revenues: $1,376,931
Yearly Cash Flow: $342,614
 

Business for Sale Overview:

Reason for Sale-Relocating-New to Market! Rarely seen on the market. 3 Hi volume/profitable fitness gyms in a niche market place. Strong local reputation. All locations are 7,500 square feet facilities. Long term leases in place. Below market rent. Fully equipped. 08 Sales expected to exceed $1.8 million. Experienced management in place at each location. Concept can be easily expanded to other cities in South Florida. Perfect books & records. Owner works 40 hours per week. Seller must approve buyers financial statement. Very Confidential. 08 #'s through Feb. Please refer this listing #1647766 and ask for broker #10.


Property Features and Assets:

Lease Per Month: $23,800; Square Footage: 8,000 -3/locations; Building Type: Free Stand building; Terms & Options: yes; Expiration Date: 7/30/2013.


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.

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