Description of the business for sale
Exceptionally nice, well equipped, well established 28 year old Health Club/Gym has a large loyal membership base. Business is located in a good size city that is a great place to live and raise a family. City has abundant affordable housing and good schools. City is a short drive from a large city and about 45 minutes to an hour from 2 major metropolitan cities. Sale of the business includes valuable real estate consisting of a building about 9,000 sq ft in size and 2 commercial lots each measuring about 100 X 300. One lot is vacant and could be sold off. Building has some vacant space that could be leased out as a hair salon, massage parlor, nail salon, etc. Building is very well maintained. Business has very little competition. It has plenty of very nice amenities such as: pool, basketball court, separate men and women s locker rooms. As seller has approached retirement he has done very little to promote the business. With new owners and an aggressive marketing campaign, the upside growth potential is large. Seller will thoroughly train new owner on this very easy to own and operate business. Seller is ready to retire, is motivated to sell and is open to offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see this very nice business and facility. You will be impressed.
Support / Training provided by seller
Available
Description of the facilities
Building is 9,000 sq ft and sale includes land and building.
ADDITIONAL FINANCIAL INFORMATION:
• Inventory: $1,500.
• FF&E: $162,000.
REASONS FOR SELLING: Retirement.
EMPLOYEES: Part-time: 3.