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Cash Flow King Health Club in Portland! Net $400k!

Portland, OR (Multnomah County)

Seller Financing Available
Cash Flow King Health Club in Portland!  Net $400k!
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Asking Price: $1,500,000

Cash Flow: $400,000

Gross Revenue: $1,121,833

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $8,500 /Month

Established: 1989

Cash Flow King Health Club in Portland! Net $400k!

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Business Description

This club is well run and easily managed. This is a rare opportunity to own a very clean and friendly fitness facility with a strong proven history of profitability. Ideal opportunity for an executive looking to own their own business and or a professional couple. Very few clubs have as much upside to offer as this club with growth opportunities in personal training, nutrition and retail.

Solid memberships, great lease, clean books and records available to qualified buyers. The facility is well staffed and equipment is in good or excellent condition. Located in a strong population base. 3500 members, $70k monthly eft draft with low rent of $8500!

Live and raise the family in a beautiful clean air community.

Please contact us today for an NDA.

Detailed Information

Location:
Portland, OR
Real Estate:
Leased
Building SF:
12,000
Lease Expiration:
N/A
Employees:
10
Facilities:
12,000 square foot club in prime location with very low rent!
Competition:
Usual competition. The club has been established for 30 years and has increased revenue each year the last 3 years.
Growth & Expansion:
New eyes and new blood can continue the robust upward trend of this club.
Financing:
If Lender requires it.
Support & Training:
Yes, support and training will be provided based on the needs of the buyer.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Shane Massey

Business Listed By:
shane massey

Fitness Club Business Broker

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