Triad Nc Established Gym For Sale


Triad Nc Established Gym For Sale

Asking Price:$75,000

Cash Flow:N/A

Gross Revenue:N/A





Triad Nc Established Gym For Sale

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Business Description

This offering is a well-established Gym and Fitness Center located in the Traid Area of North Carolina with plenty of parking available. Approximately 55 % of the current income is recurring through the electric money transfer system already in place. This fitness center has an excellent reputation and stable clientele. Why go through the aggravation of searching for and creating a space when this location and accouterments are available in a great location. This turnkey opportunity includes furniture fixtures and equipment valued at over $65,000 as of December 31, 2014 Balance Sheet that is included in the attractive selling price of $75,000. If you are a personal trainer looking for a spot this is it.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is offered as a straight cash sale. The reason for the sale is the Seller’s husband is retiring and they would like to have more time together. The selling price is $75,000 which includes all fixtures and equipment. Approximate FF&E = $65,000, Approximate L/H Improvements= $19,000 supported by the Balance Sheet dated 12/31/2014.
Strengths: • Established 2008 • Personalized customer service and commitment to quality with a stable client base and instructors • Classes include Kick Boxing, Cardio Sculpt, Kettle Bells, Pilates, Lo-Impact Aerobics, Yoga, Zumba and more. Company Facilities and Operating Hours: The facility is well maintained. The convenient operating hours are Monday Through Sunday 5:00am – 11:00pm. The location consists of approximately 6900 square feet. The current lease term began October 1, 2011 for a five year term with a five year option.
Growth & Expansion:
High end residential communities are in close proximity. Large employers of professional organizations are close by that offer great potential for growth of this fitness center as employees head home or to work.
Reason for Selling:
other business interests

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Ray Canoy

Business Listed By:
Ray Canoy

Transworld Busines Advisors of Durham

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