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Business for Sale Summary

Gym & Healthclub - 27829

Business Type: special situations,absentee business,new to market,seller financing available,gym/health club
Owner Financing
Gym & Healthclub
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This business has received 24 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,600,000 Down Payment $0
Gross Revenues $846,084 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$0 Down and NEGOTIABLE

Business Description

BOOMING NEW GYM [11 MONTHS OLD] is available for the right buyer. There are currently 3400 members on a 12 month contract, paying an average of $25.00 per month. The present Personal Trainer wants to stay on. The gym has all amenities including, Group Ex, Child Care, Personal Training, Juice Bar, Pro Shop, Theater Room, Full Service Locker room, and a Turf Field. This 20,000 square foot club cost in excess of $2,200,000 to build. It takes about 2-3 years between site location, permitting, BSA approval, and build out to open a club of this caliber and that's with ZERO members. Then, it will take 12 plus months to break even and you will spend an additional $100k per month during that time. THIS CLUB IS THERE, IT IS FULLY STAFFED, AND TURN KEY. The lease is incredible. You have 10 years PLUS two 5 year options for a total of 20 years. 19 are left. The club has a fantastic location in the middle of a busy, emerging area anchored by Chase Bank, Bank of America, IHOP, Dollar Tree and more. The club is being offered at $2.6 MILLION or $2 MILLION and assume the $600k debt on the equipment. Seller requests Proof of Funds before a meeting can be arranged. All funds are VERIFIABLE. Call Broker for further information at 1-877-735-5224

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.