Established Fitness Center for Sale

Not Disclosed, SD

Asking Price: Annual Revenue:
$1,000,000 $184,429

Recreation: Gyms, Health & Fitness, Sports

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RE: Established Fitness Center for Sale Broker: Rey Gonzales

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $184,429
Net Profit: Not Disclosed
Cash Flow: $74,399
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $765,000
Year Established: 2004
Employees: 6
BBN Listing #: 48474955
Broker Reference #: 5401-15587

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Business Overview:

In business for over fifteen years, this business has built a quality membership. Located on a busy street, the Real Estate has good visibility and is included for sale in the purchase price. The equipment has been maintained well and is in good condition.

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Property Features and Assets:

Center is housed in a 7,000 square feet building; the location has good visibility and ample parking. The real estate is offered for sale and the price is included in the asking price. Assets= $865,000

Market Competition and Expansion:

Minimal competition exists in their service location; the business has built a loyal following and membership base. The business is located in a vibrant and growing community, so growth potential exists to continue to grow the membership base.

Reason for Selling:

Seller looking to pursue other opportunities.

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.

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