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

Asking Price	$1,250,000	Inventory
Gross Income	$798,000	Real Estate
Cash Flow	$340,000	Year Established	2003
FF&E	$240,084*	Employees	5pt;5ft

* included in the asking price

** not included in the asking price

This full service health club is growing in size, membership and profitability.This club has undergone significant changes in the past year including the influx of a large number of members from the sale and reconstruction of one of this ownership group s nearby clubs as well as a construction project which will increase the square footage from 4,500 to 7,500 square feet. The service offering at the club is very comprehensive with the following facilities on site: weight room, locker rooms, outdoor pool, outdoor whirlpool, spinning room, aerobics room (over 25 group classes per week), and a smoothie bar.

Facilities: Exceptionally strong demographics. Favorable lease with ample parking a rarity in this area. Price includes $150,000 in current expansion construction costs. Membership base is large and growing monthly.

Competition: Minimal competition.

Growth/Expansion: Local area is a hotbed area for medical, financial, art, and student populations.

Financing: Owner is willing to provide industry standard seller carry for a qualified buyer

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

Reason Selling: Owner is focusing on other business interests.