Services - Other Business Services | Services - Other Personal Services

Asking Price	$289,000	Inventory
Gross Income	$180,000	Real Estate	$589,000**
Cash Flow	$74,000	Year Established	1992
FF&E	$62,000*	Employees	4

* included in the asking price

** not included in the asking price

EXECUTIVE SUMMARY Turnkey Operation - Come work while owning your own business and play at one of the most beautiful beaches in the United States! This acquisition opportunity is a hi volume/profitable fitness gym in a niche marketplace with a strong local reputation. The club boasts the only steam room, whirlpool, and indoor heated pool in the area. This is a full service gym offering a variety of services, membership options, and classes; the club also offers nursery hours. In 2008, the club had an overall remodel and upgrade. All equipment is paid for and in excellent condition. 60% of monthly overhead is covered by the club s monthly contractual members. Payment is automatically debited out of the member s bank account. Low overhead. Club is growing - 2009 Revenues are on average 20% higher than 2008. The business is located right off a main highway with a high traffic count of 30,000 per day. Club service area is 30-mile radius marketing includes twice year 10K-to 20K mail campaign as well as radio spots. The business was founded in 1992 and is located in the Florida Panhandle. The facility consists of 12,000 square feet of space with 100% of the space in use. The real estate is available for purchase. PRICE STRUCTURE Business Only - $289,000 Business and Real Estate - $780,000 Real Estate - $589,000 Depending on purchase offer, partial owner finance available.

Financing: Depending On Purchase Offer, Partial Owner Finance Available

Reason Selling: Owner Wishes To Move