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Join Clearing and Settlement Now!

 747,000.00

Family Friendly Gym for Sale – in business 17 years. Ideal for Absentee Owner.

Workout Area

Description

This well run, family oriented gym is ideally suited for entrepreneur that is seeking a business that cash flows and allows for absentee ownership. The gym is a full service gym with a full array of health and wellness services with a strong loyal customer base.
The gym is a family owned 24hr facility with a full set of services including classes, personal training, chiropractic, massage therapy, Bowen therapy, tanning, children’s programs and care , with room to expand
Asking Price: $747,000 with real estate not included
Annual Sales: $500,000
Cash Flow: $244,000
Business Location: Great location on major roadway
Business State: North Carolina
Number of Active Members: 2000
Facility Square Feet: 12.5k
Year Established: 2001
How Many Employees: 1 GM, 1 local manager, 5 part time staff

Seller Financing Available: Qualified Buyer
About the Competition: The gym is the only non- franchised gym in the area. It is built around a family atmosphere and has a loyal membership base so competition is limited to mainly the YMCA
Growth Expansion:

Location has a large potential for growth, by adding bootcamp, small group training and other classes, increase PT sales, partnership with local schools and business have just started

Support Training: Yes up to 1 year

Reason For Selling: To spend more time with family and kids

Video courtesy of Millennium Trust

   

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Listing ID: 3475b69ca68e5937

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Value of posted assets

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