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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

Sherman Oaks / Studio City Area Fitness Center Location  California,United States Asking Price Range  $250K - $500K Gross Revenues  $477000 Net Profit / Cash Flow  $73058 Cash Flow Type  Sellers Discretionary Cash Seller Finance  No Year Established  1979 Number of Employees  6 - 9 Inventory  15500 Relocatable  No Number of Employees  6 - 9 Real Estate  Leased Training  2 wks at 20 hrs/wk Reason for Sale  Personal. Description  This semi-absentee Sherman Oaks / Studio City area fitness center has been serving the local community for over 30 years and maintains a loyal client base of all ages. This full-service facility includes a pool, sauna, steam room, complete weight room, extensive cardio facility, and oversized aerobic studio used for spinning, boxing, yoga and other classes. The fitness center has approximately 1,200 members with one-third of the members on an automatic monthly payment program. The facility boasts a high-profile main street location with great visibility, exclusive parking and has some unused space that may either be used for additional retail or services or offered for sublease. Asking Price $270,000. The business operates from an 8,600 square foot facility for $16,300 per month on a ten year lease that expires in 2021 with an additional ten year option. All of the business assets will transfer in the sale including the gym and cardio equipment, name, customer list, website and all other goodwill. Competition is considered medium to high as this area of the San Fernando valley has several fitness centers and a competitor recently opened in the same market, however this business maintains a loyal customer base and is known for its non-corporate, relaxed, family friendly environment. While this business regularly advertises and offers seasonal promotions, there is still room to increase revenues via many avenues. The current retail offering is limited and could be expanded to include more fitness related apparel, swimwear, accessories, drinks, snacks and much more, while the addition of complementary services such as tanning, body wraps, massage and day spa services. Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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