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- RE: Full Service Athletic Club With Loyal Clientele
- Contact: Larry Halvorson
Quick Facts
| Asking Price: | $3,500,000 | |
| Annual Revenue: | $1,184,649 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $551,555 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $300,000 | |
| Real Estate: | $2,700,000 | |
| Year Established: | 1986 | |
| Employees: | 12 | |
| BBN Listing #: | 1009999 | |
| Broker Reference #: | 8304-19422 |
Business Overview:
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Property Features and Assets:
This fitness/gym operates in a large stand-alone custom-built building in a strategic location. The sale includes the building, property and parking lot where the facility is located. It has very good visibility and ample free parking in a growing southern Idaho city with many outdoor recreational opportunities. It's comprehensive layout enables diversified programing, efficient space utilization and broad demographic appeal.
Assets = $3,012,409
Market Competition and Expansion:
This gym/fitness center differentiates itself through its longevity, comprehensive service offering, strong community presence... creating competitive advantages and meaningful barriers to entry within its market. They are by far the premier fitness center in their market. There are other gyms in the area, but they have much smaller facilities or services. This fitness center/gym is the competition!
This company is well positioned to benefit from continued population and economic growth in its city and broader region. The city has experienced steady long-term population expansion supported by a diverse employment base and increasing focus on health and wellness. These factors provide a favorable backdrop for membership growth, program expansion, and increased market penetration under continued or new ownership.
Reason for Selling:
Owner ready to retire. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Idaho businesses for sale
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