Dynamic Health Club Seeks Buyer or Partner/Investor For Growth!

Clifton Park, NY (Saratoga County)

Dynamic Health Club Seeks Buyer or Partner/Investor For Growth!
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Asking Price: $399,000

Cash Flow: N/A

Gross Revenue: $370,098

EBITDA: N/A

FF&E: $382,200

Inventory: N/A

Rent: $11,493 /Month

Established: 2015

Dynamic Health Club Seeks Buyer or Partner/Investor For Growth!

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Business Description

Dynamic fitness center with open gym, fitness classes and personal training focusing on quality and variety above all else. The club is 15,000 square feet, has 600 members and a monthly eft draft of $30,000. The business was established in January 2015 and recently broke the breakeven point, and would be making a profit without the debt service ($8k-$10k per month).

They have a unique business model that has built a solid client base. Impressive website and marketing which provided 35% growth over prior year.

The only thing holding the business back is the debt. Therefore, a partner/ investor opportunity is also being offered (25% for $250k) as well as a 100% buy-out option where the business will be sold debt free and clear.

Detailed Information

Location:
Clifton Park, NY
Real Estate:
Leased
Building SF:
15,000
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
15,000 square foot space with state of the art equipment. Plenty of space & parking.
Support & Training:
Yes
Reason for Selling:
Lack of funds to cover the debt.
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Shane Massey

Business Listed By:
shane massey

Fitness Club Business Broker

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