Owner Financing is Available!
Business Overview:
This is a very high end full service health club that caters to primarily wealthy clientele in a premiere area of Palm Beach County, FL. Currently having well over 300 members and counting, this gym also has 17 athletic trainers who bring non-members into the club in order to use the facility for training purposes for which they pay the club owner. All members from word of mouth and outstanding location; business can be significantly increased with trargeted marketing. Facility has ample parking and a high end spa directly adjoining it, which is a great source for new members. Outdoor area can also be used for training purposes. This deluxe 6000 sq ft gym has all the latest cardio and weight training equipment (including eleven new real rider spin bikes), gorgeous locker rooms, and a separate training room for aerobic and spin related classes. Seller states annual gross to be $275,000 and annual net to be $66K. Seller is moving out of state with family, but will help ensure a smooth transition. Asking price is $50K which includes 40K of leasehold improvements and 120K worth of equipment (3 yrs left on equipment leases). Please contact Martin Berliant at 561-827-1181 or email.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
6,000 square feet premiere facility
Reason for Selling:
moving out of state for family reasons
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.