Independent Gym & Fitness Center, with Room for Expansion

San Luis Obispo County, CA

Seller Financing Available
Independent Gym & Fitness Center, with Room for Expansion

Asking Price:$299,000

Cash Flow:$140,000

Gross Revenue:$350,000

EBITDA:N/A

FF&E:$250,000

Inventory:$1,000

Established:1994

Independent Gym & Fitness Center, with Room for Expansion

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Business Description

Full service health club with an active pro shop and health bar. Free weight area, main floor, cardio center, plus. Group fitness classes and full size locker rooms.

Room for future expansion.
Excellent books and records
Real property is available or long term lease
Impeccable reputation
$50,000 down, Owner will carry balance and/or SBA financing in place
Established over 20 years

Contact: Gary Bayus, CBI at info@garybayus.com or (805) 773-5447 for additional information.

Detailed Information

Inventory:
Included in asking price
Employees:
1 FTE, 3 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased Space approximately 10,000 square feet
Financing:
$50,000 down, Seller will carry balance! SBA Lending Candidate
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Family Health issues require relocation.

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Gary Bayus

Business Listed By:
Gary Bayus

California Broker

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