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Fitness & Health Gym - PENDING

Oakland County, MI

Seller Financing Available
Fitness & Health Gym - PENDING
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Asking Price: $110,000

Cash Flow: N/A

Gross Revenue: $306,924

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,200 /Month

Established: 2015

Fitness & Health Gym - PENDING

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Business Description

This is the perfect opportunity for someone with a passion for fitness!
Turn-key facility that just needs a new owner to take over.
This facility is a Trainer's dream !
The seller unfortunately must sell due to health reasons

-Spacious 6600 sq ft training/private gym/group fitness/ studio.

-Top of the line equipment is included in asking price - OVER $130,000 value!
Such as: 30 Olympic bars, dumbbells and kettle-bells ranging from 5lbs to 100lbs, Olympic steel plates, kettle balls, InBody Scale, storage racks for all weights and much more. Inquire for the complete list of equipment included.

-All equipment is owned, NO leasing fees

-2 full locker rooms that have showers

-This facility has a great reputation AND has been featured in multiple fitness magazines & blogs

-Seller financing is available with $40,000 down

Gym background:
This gym opened with the guarantee to provide their members with the highest quality of service from their body transformation coaches. Their system is efficient and gets the results you want!
They have various training programs, with different levels (beginner, intermediate or advanced).

Detailed Information

Location:
Oakland County, MI
Real Estate:
Leased
Building SF:
6,600
Lease Expiration:
11/1/2020
Employees:
1FT/2PT
Facilities:
Very nice facility. Has 2 locker rooms that both have showers. All equipment is included in asking price. Inquire for specific equipment list.
Competition:
This is the only strictly training/private gym in the area.
Growth & Expansion:
Unlimited growth potential. Adding other types of classes or more trainers can easily increase sales.
Financing:
Down payment $40,000 amortized 36 months at 6% - $2,129.54
Support & Training:
Owner is willing to train and make sure the transition goes smoothly
Reason for Selling:
Health Reasons
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(from currently available funds)
 
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Nadir Jiddou

Business Listed By:
Nadir Jiddou

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