Owner Financing is Available!
Business Overview:
This fitness center is a large gym that has over 1,200 active members with a retention rate of 60% The gym and spa houses several other workout facilities, all for women only. The main gym features weight machines, exercise bikes, elliptical and more. Customers can get personal training, spinning, yoga and pilates. Classes include weight training, yoga, beginning jazz, attitudes, body rush, spinning, killer cardio, Zumba, below the belt, boot camp, step and boxing. The spa includes a jacuzzi and water aerobics and offers massages, acupuncture and chiropractic service. The company services are very competitively priced. Sale Price $495,000 Down Payment $295,000, Seller financing $200,000.
Established 1979
Lease: 10 years + 10 year option - 8,600 square feet.
Rent $16,828.
Company collects $11,000 per month from sub leasing and personal trainers. Contact David Barry.
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.
Reason for Selling:
Other business interest
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.