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Asking Price:	$189,900 USD USA Dollars
Business for Sale Industry:	Recreation: Sports, Exercise, Gyms
Reason for Selling:	Owner is preparing to raise a family.
Year Established:	2005
# of Employees:	4
Yearly Revenues:	$297,356
Yearly Cash Flow:	$103,562
Yearly EBITDA:	$69,943
Yearly Net Profit:	$45,273
Yearly Gross Income:	$297,356
Monthly Payroll:	$2,700
Total Debt:	$150,000

Business for Sale Overview:

This Personal Training Center has been in business for more than two years providing unique personalized fitness training for men and women ranging from twelve to ninety five years of age. In the privacy of individual suites, clients work with their own personal trainer on tailored training programs to achieve mutually established fitness goals. This center is located in a well traveled retail area of an upscale neighborhood North of Boston, and it is part of a growing franchise of personal training centers with over 400 open nationwide (over 40 in the Boston area). The financial performance of this studio shows it is a healthy and growing business. The results that clients receive justify the fee that is charged. The business model of this franchise focuses on one-on-one training with higher revenue per client, as well as simplifies the areas of marketing, customer service, client retention, and facility maintenance.

Property Features and Assets:

950 Square Feet, Basement for Supplies Storage, rent (monthly): $1,910.63 (including Real Estate taxes) lease: 5-year lease with five-year option; original term expires 2010.

Market Competition and Expansion:

The franchise has created a convenient, professional, personal and effective model that differentiates the business from the competition.This is growing franchise of personal training fitness centers. Personal training is one of the highest profit generating avenues in the growing fitness industry.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be 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.