Health Club w/ $300k Owner Benefit!!

Annapolis, MD (Anne Arundel County)

Seller Financing Available
Health Club w/ $300k Owner Benefit!!

Asking Price:$1,450,000

Cash Flow:$300,000

Gross Revenue:$1,724,771




Rate/Sq. Ft.:$14.50


Health Club w/ $300k Owner Benefit!!

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Business Description

Ideal opportunity for an absentee or Owner Operator.
Large, successful club with over 1800 members.
Monthly recurring dues line of $68k or $816k annually.
Located in a convenient, well populated and affluent area in the suburbs, just 30 minutes from D.C.
Experienced staff with well established systems in place for smooth and profitable operations.
Most of the equipment is 3 years old or less.
14 Personal Trainers, Private Pilates Studio, Large Group X and Women's Only Area, Steam & Sauna, newly renovated locker rooms.
Voted Best Gym in the area.
Established over 26 years.

Detailed Information

Real Estate:
Building Sq. Ft.:
Lease Expiration:
6 Core
Support & Training:
Yes - based on the needs of the Buyer.
Reason for Selling:

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shane massey

Business Listed By:
shane massey

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