Established Fitness Facility
Location Kentucky,United States
Asking Price Range < $250K
Gross Revenues $160000
Net Profit / Cash Flow $50000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Inventory 20000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training
Reason for Sale Downsizing
Description Established Fitness Facility with Minimal Competition Georgraphically. 10,500 Sq. ft. fitness facility located in the heart of Simpson County, KY with minimal competition in the area. The business is a 24/7 access facility with constant video surveillance. The current lease agreement is a 10 year lease that was signed in May of 2005.
Assets that are included in the sale: The sale will include approximately $200,000 in well maintained workout equipment. Specifically the sale will include 5 flat screen wall mounted TVs, 3 tanning beds, among other miscellaneous items.
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