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Well Known Fitness Center

Williamsburg, Virginia (Williamsburg City County)

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

Asking Price $75,000 Inventory $500* 
Gross Income $60,000 Real Estate  
Cash Flow Not Disclosed Year Established 2007
FF&E $35,000* Employees 1 Full/2 Part

* included in the asking price

** not included in the asking price

A well known fitness center for men designed around a comprehensive 30 minute full body workout suited for all ages and fitness levels. The strength training and cardiovascular focused product was developed in compliance with the recommendations of several major health and fitness organizations, including The President s Council on Physical Fitness and Sports, Centers for Disease Control (CDC), and the Surgeon General s Report on Physical Activity and Health. Established and located in a major shopping center, this fitness center has operated for one year with a current membership base of 140. Maintaining the marketing strategy, the owners are expecting the membership base to grow to 225 in 2008. Established initially as a franchise, the owners have purchased all of the rights in name recognition and branding, and are free of any further franchise obligation. Those same rights would convey in the sale. A health issue has arisen with one of the owners, and has triggered the decision to sell.

Facilities: 2,100 sq. ft. building

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Health Issues

AD # 369355

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