Services - Other Business Services | Services - Health, Medical & Dental

Asking Price	$99,500	Inventory	$3,500*
Gross Income	$251,400	Real Estate
Cash Flow	Not Disclosed	Year Established	1979
FF&E	N/A	Employees	35

* included in the asking price

** not included in the asking price

This athletic club has been in business for over 30 years with the current owner operating the business the past 7 years. This club offers: racquetball courts, cardio equipment, free weights, circuit equipment, group fitness classes, personal trainers, tanning, saunas, showers, locker rooms, and child care. There are currently 500 memberships with 800 members. The business is located about 30 minutes south of Minneapolis/St Paul. The business operates with 2 full time and 33 part time employees. The owner is not active on a daily basis with the business. Part time employees consist of: trainers, child care providers, maintenance, and front counter personnel. The owner is asking $99,500 plus assuming the lease payment (approx. $70,000) on the equipment for the business. No seller financing available.

Facilities: The club has 18,000 square feet on 2 floors. The facility is located on the main road in town with easy access and plenty of parking. Lease payments are $5,800 per month which includes CAM charges. A full equipment list is available to review.

Support/Training: The seller will train

Reason Selling: Job Transfer