Seller Financing Available
Business Description
Fitness and tanning club in Desoto County, MS in great location on high-count busy street is for sale. Club has 1,200 plus members and growing. Equipment includes typical cardio and weight equipment, lots of it new, along with tanning beds, retail lotions, and some food. Great opportunity for growth in membership and services provided. Potential exists to pick up additional revenue from weight loss program that is separately operated by seller. Owner is selling to focus on this other business.
Detailed Information
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Facilities:
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Equipment includes in part: 12 treadmills, 11 eliptical machines, 3 tanning beds, $25,000 in leasehold improvements, $155,000 in FF&E
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Competition:
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This club is located on high traffic main road with great drive by visibility, easy in-out, and high population area. The health club market is strong and this club has a marketing plan that is very attractive to new and existing clients.
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Growth/Expansion:
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A recent marketing blitz had very positive results, so new owner has high potential of increasing customer base by subsequent marketing. Also, the seller is willing to pay monthly fees for use of the facility for clients from a second weight loss company owned by seller
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Financing:
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Negotiable
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Support/Training:
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Seller will provide 4 weeks of support training, but very competent manager could continue to run business if new owner desires
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Reason Selling:
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Owner is selling to focus on other business.
Ad#: 665797
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