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Rare Opportunity - Low Priced Health Club
Location Louisiana,United States
Asking Price Range < $250K
Gross Revenues $40000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 1 - 3
Inventory 90000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Available
Reason for Sale Retirement
Description This popular health club business for sale has enormous potential based on a multitude of factors: previous results, excellent location, and an amazing building with fabulous equipment. For the past 15 years, this health club has been a landmark in its community, and for the past few years the owner operator has been running the business as a hobby. Without steady membership dues and no motivation to market or expand, the business' revenues have declined. The owner wishes to retire, and has priced the business at an extremely low price, which is a steal for anyone looking to enter the industry!
This fantastic facility is found in an affluent high traffic location in a very visible and easily accessible lot with plenty of parking. The approximately 9,000 sq ft facility sits on 3 acres and presents very well from the road. There is also plenty of room to expand. All equipment is in great condition and is valued at approximately $90,000. Health club has male and female bathrooms with lockers and a steam room. There is a separate cardio room that can be used for Zumba or other exercise / aerobic classes. The work out area measures approximately 5,000 sq ft divided with free weights and strength training machines. Real estate is not included in the sale, but can be purchased for additional funds. Seller is also willing to work with the new owner on a progressive lease to make the expansion of the business easier to manage.
This health club business for sale is found in an affluent area of Lafayette, Louisiana. The specific location of the gym is experiencing a major period of growth, with flourishing businesses and residential expansion. This is a great area to own a business and raise a family.
Seller is ready for retirement and wishes to quickly divest this health club business for sale in Lafayette, Louisiana. Seller will train the new owner on this very fun business to own and operate.
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