Fitness Centers - 3 Locations
Location Nevada,United States
Asking Price Range $250K - $500K
Gross Revenues $528200
Net Profit / Cash Flow $252500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2011
Number of Employees 10 - 19
Inventory 291000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will provide training
Reason for Sale Other business interests
Description Over 1,800 members and growing. This brand positions itself as ''Affordable Gym Memberships, with 24-Hour Accessibility, and Beautiful, Safe and Secure Facilities.'' This is ideal for an owner-operator with no fitness operation experience, who likes to do marketing. All accounting and billing out-sourced. Very low payroll, because they are only staffed part time. These locations are part of an 1,800 fitness center international franchise, with very low royalty. It is ranked #1 by Entrepreneur Magazine, CNN Money named it one of the ''10 Great Franchise Bets,'' and Forbes ranked it 14th ''America's Most Promising Companies.'' These three centers feature Precor, Hammer Strength, and Life Fitness equipment, which cost over $290,000, and is professionally-maintained.
The Sellers, who live in the mid-west, purchased these operations as an investment, but found that the logistics of managing and marketing them, from a distance, requires too much of their time. The Seller's would accept terms on a case-by-case basis. For detailed information and a valuation on this opportunity call Len Krick, Broker, at 702-856-4701.
Click Here To Contact Seller
|
|