Private Health Club For Sale
Location Utah,United States
Asking Price Range $250K - $500K
Gross Revenues $480000
Net Profit / Cash Flow $150000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1987
Number of Employees 10 - 19
Inventory Yes.
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 80 hours. Negotiable.
Reason for Sale Seller has distressed real estate that needs to be rectified.
Description This upscale and highly profitable health club for sale has been in business for over 22 years. Loyal members enjoy group fitness classes, pilates, yoga, personal training, cardio and weight equipment, massage, physical therapy and locker rooms with showers. The club caters to a mature, professional clientele and is located in one of Salt Lake City's most prestigious zip codes. Because of the loyal membership, cash flows are steady, predictable and well diversified. This health club is unique in its class as it has stayed strong while many local and national competitors have come and gone. $489,000 obo. Website: saltlakehealthclub.blogspot.com/
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