Description:
This Gym has been a part of the weight lifting and sporting community for over 25 years. It has a great and colorful history of champion weight lifters and body builders. It has evolved over the years and presently provides classes in Yoga, Aerobics and Zumba Dance . There is a complete history of this opportunity that will be available to those who request and sign an NDA (Non-disclosure Agreement).
Asking Price:
USD $105,000.00
Our Ref:
Unspecified
Terms of Sale:
Unspecified
Revenue (Income):
USD $155,536.00
Net Profit (Cash Flow):
USD $15,100.00
Time Established:
1983
No. of Employees:
6 Part time
Expansion Potential:
More efficient advertising, Up-grade of web site and target marketing. A more complete outline for growing is found in the CBR which is available to those who request and sign a Non-disclosure Agreement.
Competition/Market:
There is a ton of competition in the area, but what makes this gym unique is its history...world champion weight lifters, Hosting of Special Olympics weight lifting and too many more to note here.
Reason for Sale:
This business is requiring to much personal time away from their kids.
Support & Training:
Sellers will provide no less than 3 weeks training and more if the buyer needs it.
Owner Financing:
No
Value of Fixtures/Fittings:
USD $75,000.00
Value of Stock/Inventory:
USD $900.00
Property Type:
Leasehold
Leasehold Rent:
Undisclosed
Premises Details:
10,000 sq. ft. Rent $3,850 per month with new lease required. Facilities clean and equipment in excellent condition....tons of parking.