Ind. fitness center with 24 hour access. Est. 2001. Loyal members

New Castle County, DE

Ind. fitness center with 24 hour access. Est. 2001. Loyal members
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Asking Price: $300,000

Cash Flow: $141,602

Gross Revenue: $503,705

EBITDA: N/A

FF&E: $200,000

Inventory: $2,000

Rent: $900 /Month

Established: 2001

Ind. fitness center with 24 hour access. Est. 2001. Loyal members

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Business Description

Fully-equipped, turn-key Gym/Fitness Center. Cash flow at $144,000. Loyal membership role, good location with 10,000 sq. feet of space. Equipment includes free weights, cardio, treadmills, spin bikes, Cybex Arc Trainer, Cybex Recumbent Bikes and much more too much to list here. (Equipment list available.) Locker rooms, Training room, Strength room, Circuit room, Cardio room, Spin room, and Childcare room. 24-hour card-controlled access and surveillance cameras. Certified personal trainers, group instructors, and professional staff, help this gym stand above the rest.

Proudly voted as “Best Health Club!” in town.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large space, multiple rooms, locker rooms, child care space, good visibility. Steady growth from opening.
Competition:
Other gyms in town but none have the offerings that this gym offers. National Chain opened close by but has made little change in membership numbers.
Growth & Expansion:
Increase marketing, continue to add state-of-the-art equipment, add personalized and imaginative classes.
Support & Training:
2 weeks
Reason for Selling:
moving
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Tracy Peterson

Business Listed By:
Tracy Peterson

Transworld Business Advisors of Delmarva

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Sponsoring Broker:
Mike LeCates MBA

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