Description of the business for sale
This is a "cash cow" business generating growing returns for the part-time owners. It currently has a full staff and generates recurring revenues month after month. It is a social club which serves middle and upper income consumers. It has a very recognizable brand name in the area. Boston is one of the strongest markets in the country for these types of services. The revenue stream includes monthly membership fees which are automatically deducted from the member's bank account each month. The business has grown over 17 years to be the pre-eminent provider of services of its type. A full staff is in place, including a well-honed sales and marketing staff implementing a proven marketing strategy. The next owner may concentrate on growing the business or receive maximum cash flow by replacing the senior manager. The facility, which is leased, is recently remodeled and perfectly arranged to deliver services to the members.
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Description of the facilities
Furniture, fixtures, and equipment = 135000
Furniture, fixtures, and equipment included: Y
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