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Very Profitable Established Health Club

Virginia (Norfolk City County)

Services - Amusement & Recreation | Services - Health, Medical & Dental

$Seller Financing Available

Asking Price $1,250,000 Inventory  
Gross Income $996,000 Real Estate  
Cash Flow $231,266 Year Established 1989
FF&E N/A Employees 4ft/18pt

* included in the asking price

** not included in the asking price

Highly profitable business with a very strong, established clientele. Club is in a prime strip center location where there has not been an anchor tenant for years; adjacent to new Wal-Mart grocery store. Only full womens workout center in a city with a population of over 230,000 and a community that is a stable, economically sound. Experienced management team in place.

Facilities: Prime location-excellent parking; in a stable, economically sound community. 9,900 s.f. containing a full line of weight and cardio equipment, spinning room. Also, pool/whirlpool, steam room, inhalation room, sauna.

Competition: Minimal competition.

Growth/Expansion: Local area is an extremely stable and economically sound community.

Seller Financing Available: Yes

Financing: Owner is willing to provide reasonable amount of seller carry for a qualified bu

Support/Training: Owner is willing to provide industry standard support and training.

Reason Selling: After 20+ years in the fitness industry, owner is retiring.

Business For Sale By

Russell Owens

303-316-0331

Coffey Owens Group

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