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Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

Women's Fitness Center

Location  Massachusetts,United States
Asking Price Range  $250K - $500K
Gross Revenues  $300000
Net Profit / Cash Flow  $150000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2004
Number of Employees  6 - 9
Inventory  31000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Yes.
Reason for Sale  Need time off.
Description  This popular island territory off Cape Cod hosts a lovely location at Vineyard Haven in a busy shopping hub on a main street. This well-managed woman's fitness center is less than one year old and has 600 year round customers (770 in summer). The owner works about 10 hours a week assisted by 5 wonderful part-time employees willing to stay on under new ownership. There are 13 equipment stations and 13 recovery stations purchased brand new in 2004. The business is run according to Curves International standards, including many member retention programs such as weekly games and weight management. The location is leased at $1,600 per month and includes 1,200 sq. ft., 2 bathrooms, internet access, and convenient member parking. There is potential for a second location in this territory. The business numbers are excellent with the owner's compensation at $150,000 per year. The owner needs to move closer to home and is motivated to sell. All equipment and furniture is included in the price. Asking $475,000 with buyer only needing to put down $100,000 with the rest of the purchase price being financed by commercial lenders and the seller. Contact for more information on this Women's Fitness Center business for sale.
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