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Asking Price:	$179,000 USD USA Dollars
Business for Sale Industry:	Recreation: Sports, Exercise, Gyms
Reason for Selling:	Corporate owned; selling as a corporate strategy.
Year Established:	2006
# of Employees:	25
Yearly Revenues:	$393,000
Yearly Cash Flow:	$72,000

Business for Sale Overview:

Everything is in place for a motivated purchaser to enjoy the benefits of what’s been built into this business: fair lease in a fantastic location (great high end market with a super location), established client base, and a majority of clients on monthly EFT draft contracts. The price of $209,000 includes the fitness equipment, office equipment, franchise rights, franchise transfer fee, signage, client lists, phone number, and website. Personal training, yoga, full locker rooms. Corporate owned; selling as a corporate strategy. Solid mature club that has lacked a strong growth minded manager.

Property Features and Assets:

Popular, well-known fitness franchise. Solid new club with 5,700 s.f.; great parking. 96% of memberships are on EFT. Strong growth in membership. Premier training program.

Market Competition and Expansion:

Prime location with minimal competition. This really is a virtual turn-key opportunity to enter the booming fitness industry and in a segment that is growing faster than others: the segment focused solely on women's fitness.

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