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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   >>   Health and Medical Businesses For Sale Categories   >>    Care Home Business For Sale, Chiropractic Business For Sale, Dental Business For Sale, Fitness Center Business For Sale, Health Care Business For Sale, Health Club Business For Sale, Health Spa Business For Sale, Medical Business For Sale, Medical Clinic Business For Sale, Medical Practice Business For Sale, Medical Supply Business For Sale, Optical Business For Sale, Optometry Practice Business For Sale, Pharmacy Business For Sale, Skin Care Business For Sale, Weight Loss Center Business For Sale

Fitness Center 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  4 - 5 Inventory  25000 Relocatable  Yes Number of Employees  4 - 5 Real Estate  Leased Training  2 weeks at 20 hours per week. Reason for Sale  Owns building wants to be landlord vs. biz owner. Description  If you are a personal fitness trainer or would enjoy being paid to stay fit this is the business for you! The business was established in Jan 2005 and has shown a steady growth since inception. Today they report a year round average of 400 members with a peak of 500 during the Xmas season at any one time paying $17.00 / 19.00 per month plus half the members are assessed a one time annual fee of $19.00 in June and the other half is 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. Please be aware the seller will carry financing for a qualified buyer with a $55,000 cash down and the remainder spread over 60 months at 6.5% annual interest. The seller for the business owns the building and will write a new lease for the buyer. The base rent for the 7,000 sq. ft. space will be $3,850 plus $1,650 in NNN charges for a projected rent of .78 cents per sq. ft. Those rates are acceptable to the owner but the length of the lease, option and annual increases will have be negotiated. The seller's annual cash flow has been adjusted to reflect the above projected new rent. They have listed the business at $125,000 based on annual sales of $236,505 and anjusted annual cash flow of $63,244 the gross and the net are from a seller provided P&L for 12 months ending Dec 2011. BTI 7815 Farley Gouner CA RE Lic # 01271117 Ph: 408-385-0402. Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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