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

$Seller Financing Available

Asking Price	$495,000	Inventory	to be determined**
Gross Income	$348,316	Real Estate	Not included**
Cash Flow	$105,000	Year Established	1999
FF&E	$183,800*	Employees	4 to 5 seasonal

* included in the asking price

** not included in the asking price

Property Description: Desirable, established Gold's Gym Franchise with latest equipment, tanning beds, massage table, use of pool and jacuzi, showers, lockers, computer equipment and software. Franchise area from all of Ocean City, north to Bethany Beach, DE., and west to Berlin, MD., (for future expansion), conveys. Possible owner financing to qualifed buyer with $100,000.00 down payment. Assumable lease, with additional extension. Unique rent schedule. Members on vacation from other area may use facilities for a fee. Location Description: Located in Gold Coast Shopping Mall, Resort are, with adequate parking in front or rear, for convenient entry.

Facilities: 9000 sf, with parking and access from rear for convenience, equipment in excellant condition with latest equipment. See inventory list.

Competition: Located in Shopping Center with adequate parking and Signage, in are of North Ocean City resort town near highrise condominium

Growth/Expansion: Territory fpr expansion included, from the inlet on the south, west part Rt. 113( Berlin) and north to Bethany, Delaware. Additional 3,000 sf availavle next door for expansion.

Seller Financing Available: Yes

Financing: Owner financing with $100,000.00 down payment to approved buyer.

Support/Training: Training provided and assistance for limited time.

Reason Selling: Moving