Established NW Indiana Fitness Center/Gym

Lake County, IN

Seller Financing Available
Established NW Indiana Fitness Center/Gym

Asking Price:$49,000

Cash Flow:N/A

Gross Revenue:$439,000

EBITDA:N/A

FF&E:N/A

Inventory:$2,000

Rate/Sq. Ft.:$5.00

Established:N/A

Established NW Indiana Fitness Center/Gym

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Business Description

Attention Entrepreneurs, Investors and Personal Trainers

An established fitness center serving Schererville, Merrillville, Hobart and Crown Point has become available for purchase.

This independent fitness center has served the South Lake County area for over 10 years and is located off a high-traffic street. This location has over 20,000 square feet and a base of approximately 1,100 members. This club would be perfect for a local owner or would be nicely paired with other locations for a business person looking to build a market.

Price: $49,000 Includes workout equipment, computers, office furniture, current members. Owner financing may be arranged with a cash down payment. This is not a franchise, so there are no other fees.

We are a family-friendly location and differentiate ourselves with our solid schedule of group fitness programs led by certified personal trainers in a separate group training area. Today more than ever, people know it's important to be fit. Their challenge is squeezing exercise into busy lives. We provide the solution, bringing quick, convenient and affordable workouts into the neighborhood.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
20
Facilities:
Square Footage: over 20,000 - flexible lease terms – stay at this location or relocate the equipment to location of your choice. Rent: $5.00 per square foot. Equipment (included in purchase): Cybex, Hammer Strength, Strive, Nautilus, Life Fitness, Stair Master, Precor and Star Trac
Financing:
May be arranged with a cash downpayment
Support & Training:
Owner willing to provide training for a reasonable time period after the sale.
Reason for Selling:
Other business interests

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Business Listed By:
Not Disclosed

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