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Fitness Studio - Philadelphia Main Line

Delaware County, PA

Fitness Studio - Philadelphia Main Line
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Asking Price: Get Financing: $369,000

Cash Flow: $139,625

Gross Revenue: $594,030

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $7,164 /Month

Established: 2007

Fitness Studio - Philadelphia Main Line

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Business Description

This profitable and highly successful fitness studio for sale is situated in an upscale area in Philadelphia's Main Line. Their focus is on healthy lifestyle. With a team of dedicated and experienced instructors, the Company offers classes in Yoga, high intensity interval training, body weight movements, spinning and more. Classes are presented in both individual and group settings for both strength training and nutritional counseling. Assets included in the sale are all fixtures and leasehold equipment located at the premises. In addition, the acquirer will be given the fitness studio's membership list.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,800
Lease Expiration:
N/A
Employees:
FT 3, PT 28
Facilities:
Great location. Lease expires in 2021 with a 5 year option to renew.
Competition:
This business accommodates the needs and wants of the community.
Support & Training:
Owner will transition
Reason for Selling:
Personal reasons
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Steven A. Rosen

Business Listed By:
Steven A. Rosen

Sunbelt Business Brokers of Blue Bell

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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