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

Women's Fitness Center

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $220000
Net Profit / Cash Flow  $120000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2002
Number of Employees  4 - 5
Inventory  31000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Yes.
Reason for Sale  Spend Time With Children.
Description  A very popular tourist town hosts a busy location in a shopping hub on a main street. This well-managed woman's fitness center is three years old and has 470 year round customers. The owner works about 20 hours a week assisted by 3 wonderful part-time employees willing to stay on under new ownership. There are 13 equipment stations and 13 recovery stations all in great shape and regularly serviced. 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 1,500 sq. ft., 2 bathrooms, 2 changing rooms, internet access, and convenient member parking. There is potential for a second location in this territory doubling the above revenue and owner cash flow. The business numbers are excellent with the owner's compensation at $120,000 per year. The owner has two young boys and is looking to take a break and is motivated to sell. All equipment and furniture is included in the price. Asking $325,000 with buyer only needing to put down $60,000 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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