Business Overview:
Excellent Fitness Business with Fantastic Lease Terms, Location, and Net Margins. Mostly hands-off owner. A great investment!
• Total Fixed Assets on Balance Sheet $1,997,202.79 (AS OF Sept 2019)
• 17,000 square feet
• Two floors and situated
• In a Prime location and 50-story building
• Absentee owner. A new owner can grow accounts if willing to be more hands-on, or keep the business model the same and enjoy a return on investment without much effort
• Over 200 state of the art machines, a spinning room, an exercise studio for group classes, three tanning rooms, a smoothie bar, a pro shop, and much more.
• Great rent situation as percentage of profits
OWNER WILLING TO FINANCE!
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Reason for Selling:
Career change.
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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