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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   California Businesses For Sale Categories   >>   

Fitness Center South County

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $236505
Net Profit / Cash Flow  $63244
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2005
Number of Employees  1 - 3
Inventory  15000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  two weeks for 40 hours each week
Reason for Sale  has started another business would rather be a landlord
Description  BTI 7815 If you are a personal fitness trainer or would like to be paid to stay fit this is the business for you! Note the seller owns the building and will write a new lease for the buyer. A projected base rent of $3,850 and $1,650 NNN per month are acceptable to the owner for the 7,000 sq. ft. facility but the length of the lease, option and annual increases will have to be negotiated. The seller's cash flow has been adjusted to reflect the projected new rent. The seller will not pay a leasing commission. The business was established Jan 2005 and has shown a steady growth since inception. Today the business reports a year round average of apx. 400 members with a peak of 500 during the Xmas season with members paying $17.00 / 19.00 per month plus half the members are assessed a onetime annual maintenance fee of $19.00 in June and the other half are assessed in December. Additional sources of income are from 3 trainers who pay to use the gym with their clients, boxing classes at $700 per month and hourly rental for the cardio room. The business achieved annual gross revenues of $236,505 in 2011 with a net benefit to the owner of $63,244 for the year. Seller financing is available!
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