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Gym and Fitness Training Center - Unbelievable Lower Price!

Philadelphia, PA (Philadelphia County)

Seller Financing Available
Gym and Fitness Training Center - Unbelievable Lower Price!
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Asking Price: Get Financing: $200,000

Cash Flow: $113,830

Gross Revenue: $412,338

EBITDA: N/A

FF&E: N/A

Inventory: $2,500

Lease Rate: $5,900 /Month

Established: 2001

Gym and Fitness Training Center - Unbelievable Lower Price!

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Business Description

This 17 year old well established profitable NE Philadelphia gym and fitness training facility offers a comprehensive workout program ranging from its sate-of-the-art cardio section strength training to heavy lifting in its free weight section. It caters to a variety of members from beginners to body builders and offers nutritional advice for weight loss or gain. In addition, personal training is available for an additional fee. The gym and fitness center is being offered for sale at $200,000 because the owners wish to retire now. 1 50,000 DOWN PAYMENT required. Great semi absentee or owner operator investment. Seller and SBA financing possible subject to terms and conditions. New $18,000 HVAC system recently installed! Motivated Seller!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
15,000
Lease Expiration:
10/31/2019
Employees:
1 FT 6 PT
Support & Training:
Owners will transition
Reason for Selling:
Retirement
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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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