Upscale Fitness Club For Sale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $662490
Net Profit / Cash Flow $59646
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 10 - 19
Inventory 200000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Yes
Reason for Sale Owner is 69 and retiring
Description NY Fitness is a successful and popular fitness facility in Jackson, CA. Great opportunity for new owners who want to work in club as existing owner pays employees for virtually all services. 200K down, 300K bank and 300K owner carry-back if needed. Seller has spreadsheet showing profitability at this price. All equipment included in price and original cost over $300K. Owner is also real estate broker. See website Nyftyfitness.com
Fitness area includes pool, basketball court, 2 racquetball courts, studio, daycare, commercial laundry, kitchen and nutrition area, massage rooms and more. First class facility and only full service club in Amador County.
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