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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

Established Fitness Franchise For Sale

Location  Ontario,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $217972
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  1 - 3
Inventory  437900
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The current owner is willing to stay on for a mutually agreeable transition period.
Reason for Sale  Current owner's recent change in family situation and lack of time had made it difficult to concentrate on growing the business.
Description  This GTA fitness franchise has been operating since 2010, and provides its clients with affordable, 24-hour access to an active and healthy lifestyle. This is a turn-key opportunity, which comes with a stable membership base, a recurring revenue stream, and has excellent potential for growth by focusing on corporate clients, and personal training and additional community involvement. The facility comes fully stocked with a wide variety of recently purchased, and well-maintained exercise equipment (exercise machines, cardio equipment, and free weights), and over $275,000 in leasehold improvements to provide a superior workout atmosphere. The facility is located in a new commercial plaza that is situated along a highly trafficked road with very good visibility from the street. It is also close to a major highway interchange, and shares the plaza with highly reputable tenants, such as RBC, Starbucks, Subway, etc. Current owner's recent change in family situation and lack of time had made it difficult to concentrate on growing the business. Currently run as an arms-length investment, the business is breaking even; however, it will require a hands-on operator to take it to the next level. Compared to opening up a new location, outfitting and building to specifications, negotiating a lease and starting without any client base, this is a great opportunity to own and operate a business for a fraction of a new start-up cost. Experience in the fitness industry is not mandatory. The current owner is willing to stay on for a mutually agreeable transition period, so as to assure smooth transfer of the business and to maintain a high level of customer service. Asking Price: $289,000
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