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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

Midwest Premier Spa And Fitness Center

Location  United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2600000
Net Profit / Cash Flow  $231000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2008
Number of Employees  20 - 34
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  Owner will assist with orderly transition.
Reason for Sale  Owners have decided to end their partnership.
Description  Premier destination spa and fitness center located in a luxury hotel in a very desirable downtown metro location. $4.5 million developer-paid build out positions the destination spa as the finest in the area. Continuous revenue and earnings growth since starting in 2008 in spite of the "Great Recession." Unmatched menu of wonderful spa services, including special facials and body treatments, on-site aesthetic physician services, manicures, pedicures, and salon hair care. State of the art fitness center features treadmills and elliptical machines with individual TVs, weight machines and free weights, yoga studio, convenient classes and professional training staff. Owners have decided to end their partnership. President open to staying on as employee or equity Partner. 2012 revenue of $2,600,000, up from $2,300,000 in 2011. 2012 EBITDA of $231,000 after President's salary, up from $190,000 in 2011. Priced at $1,750,000 on a debt-free basis. Includes all equipment, intangibles and net working capital as of 12/31/12.
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