Services - Health, Medical & Dental | Services - Other Miscellaneous services

$Seller Financing Available

Asking Price	$170,000	Inventory	$400*
Gross Income	$196,850	Real Estate
Cash Flow	$58,625	Year Established	2006
FF&E	$125,000*	Employees	3

* included in the asking price

** not included in the asking price

Established-over 440 active members-Franchise fitness center that allows members 24-hours a day, 7 days a week access through a unique key card system to state-of-the-art strength and cardio equipment and other servcies. Equipment lease payments have been completed and Equipment is included in the FF&E. Members of all fitness levels exercise in a safe, clean, secure and modern environment at a time that is convenient to their schedule. Additional services include personal trainers, tanning and tanning products, and private showers and bathroom facilities. A variety of programs, payment options, and special discounts make membership affordable for everyone. Special corporate rates are available for businesses. Members also enjoy access to all other Franchise clubs in the Twin Cities area and nationwide. Cash Flow anticipates Buyer will assume management and sales responsibilies of only FT employee-other two employees are personal trainers. Contact Charles Rhea at 612-718-7300 for additional information.

Facilities: Strength & Cardio Equipment, Security Monitoring System, Tanning Beds, Audio/Visual System, Exterior Signage, Office & Break Room Equipment, Miscellaneous Strength & Cardio Training items, High Efficiency Lighting System, 3254 sq ft leased facility with business specific build-out

Competition: Excellent location, Competition from other fitness centers

Growth/Expansion: Opportunity to add more active members to this location

Seller Financing Available: Yes

Financing: Seller Financing $55,000 8.0% 10-year amort 37th mon Balloon

Support/Training: Sellers and Franchise will provide support and training

Reason Selling: Pursue other business opportunities