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Asking Price:	$Make offer USD USA Dollars
Business for Sale Industry:	Recreation: Sports, Exercise, Gyms
Reason for Selling:	Retirement
Year Established:	2006
# of Employees:	8-12
Yearly Revenues:	$600,000
Yearly Cash Flow:	$100,000

Business for Sale Overview:

Four exercise clubs operated by Management on behalf of absentee owner. One additional license also included. Outstanding franchise system with excellent business model, state of the art equipment, all virtually new. Electronic operations for security, access, and all attendant services with virtually no staff requirements except for sales. Management team excels in marketing and budget control and will remain if desired. Licenses were purchased as an investment and development process is nearly complete. Owner has other business interests and plans to retire.Clubs were opened sequentially beginning in 2006 and final club opened in end of 2007. Franchises have become the “flagship” example for the corporation.

Property Features and Assets:

Four locations with four separate leases. Each site approximately 2,600 to 4,200 square feet. All locations are in relatively brand new centers on key roadways and boulevards in smaller, rapidly growing communities. Lease costs vary from site to site but all but one are locally controlled and transfers, assignments or negotiated new leases should be routine.

Market Competition and Expansion:

Competition: No competition in immediate market zones due to excellent placement in smaller, rapidly growing communities along front-range of Colorado. Strengths: Simple business model, excellent management in place, great locations making it extremely difficult for any potential competition. State of the art equipment. Superb franchise selected in top ten of growing franchises for past several years. Franchise has just announced international expansion to Asia. Opportunities: One license has not yet been assigned to a location, therefore fifth club could be opened and developed as new owner prefers.

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