Price Reduced! Northshore Independent Fitness Center

MA

Seller Financing Available
Fitness Center

Asking Price:$675,000

Cash Flow:$168,203

Gross Revenue:$766,594

EBITDA:N/A

FF&E:$400,000

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:1989

Price Reduced! Northshore Independent Fitness Center

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Business Description

State-of-the-Art INDEPENDENT fitness center with numerous upgrades, new equipment, new HVAC, saunas, etc. You want turn-key, this is it! All staff in place to be run semi-absentee (nothing is truly "absentee") or replace some staff and add $50K to the bottom line for yourself.

Strong demographic and traffic pattern with many premium membership rates versus that "$10/mo" type of facility. This facility can handle 5,000 members and has plenty of growth opportunity. Perfect opportunity for a fitness instructor (Zumba, Pilates, etc) or a personal trainer. Currently this center is doing some of these things but with the right buyer this side of the business could explode.

How about Physical Therapists, Chiropractors? A full-serve fitness center can be the perfect compliment to your business.

Current Fitness Center Owners. If you're looking to expand then you found the right location and facility.

Fitness Centers like this can cost over $1 million to build out so this is an incredible value to get in at a great price! Contact Ron Ekstrom at rekstrom@sunbeltne.com to receive a confidentiality agreement to receive the full offering memorandum that will detail the opportunity.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
1 FTE, 6 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Seller or Bank Financing may be available for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement

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Satish Patel

Business Listed By:
Satish Patel

Sunbelt Business Advisors

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