Services - Membership Organizations | Services - Other Personal Services

Asking Price	$60,000	Inventory
Gross Income	$145,200	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	N/A	Employees	7

* included in the asking price

** not included in the asking price

This franchise concept is a simple business plan to respond to the need for an all womens fitness facility that offers business hours, equipment, rate structure and an atmosphere that was attractive to women who wanted to exercise but did not want to join a mainstream gym. As of March, 2008, there are currently 265 active members of this fitness club. 98% of these members have 12-month contract memberships. Growth rate of memberships has averaged 9.1% and the retention rate is 89%.

Facilities: The business is located in a busy strip mall on a well traveled road. The business occupies 2,400 sq. ft. of ample exercise area, tastefully decorated dressing rooms, two restrooms, an office and storage space. There are 26 stations which include 13 machines and 13 recovery stations. The current lease is $3,946 per month which includes CAM charges, insurance and and taxes. A new lease will need to be negotiated with the landlord. The business could be moved to another location within the franchise territory of East Pennsboro Twp.

Growth/Expansion: This is an excellent business opportunity to acquire an established and well-known women only fitness facility in an active area.

Financing: Complete financial information will be made available to a prospective buyer.

Reason Selling: Owner is involved in other ventures.