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Business for Sale Summary

Established Gym in Essex County, MA - 30479

Business Type: retailing businesses,health/beauty/nutrition supply,nutrition & health food,gym/health club
Owner Financing
Established Gym in Essex County, MA
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This business has received 47 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $90,000 Down Payment $75,000
Gross Revenues $250,000 Lease Remaining Register Free to View
Owner’s Cash Flow $57,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and Need good credit and be approved by franchise

Business Description

Great opportunity to be in business for your self! This is priced to sell! To start a new club like this would cost $150,000. This is a fantastic deal to purchase a business with revenue from day one. Make an offer now when clients are motivated to get in shape for the summer! All reasonable offers will be considered. This business provides small group personal training for women. This business model generates more revenue per hour than 1:1 training. One trainer works with four women at a time. Located in a strip mall, in an upscale community. Currently has 110 members, which is an increase, with an average renewal rate of 75%. Do more outreach into community to increase membership, as well more social media marketing. Please contact the broker at 1-877-735-5224 for more information.

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. kg

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.