Profitable - 24/7 Turn Key Fitness Center!

Lake Placid, FL (Highlands County)

Seller Financing Available
State Of The Art Equipment!
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Asking Price: $399,999

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,000 /Month

Established: 2004

Profitable - 24/7 Turn Key Fitness Center!

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Business Description

Free Weights/Cardio/Tanning/Cross Fit/Lounge/Office

Step right in to a profitable, turn key business! Be your own boss and work a little or a lot in this 24-hour, 7-day per week gym with free weights, cardio, tanning, and much more. All members have unique key card access with video monitoring so owner does not have to be there, yet the facility is open to members. Detailed financials are available (must sign a non disclosure agreement). "At a glance" numbers are also available without signing an agreement.

Seller will consider financing with 40-60% down payment and will negotiate further off full price with cash buyers.

The owner utilizes the extensive ASF software to manage the gym. ASF provides efficient payment processing, but far more: Detailed demographic, financial and membership utilization figures can be found very quickly. Projections and attrition trends can also be mapped. Remaining contracts and a variety of other data and reports can be ran quickly. The owner will sit down and show prospective buyers (or their accountant/financial advisers) this system in detail.

Studying the detailed financials will show this is a turn-key profitable business.

For more info, see:
http://www.homedt.com/gymfin.cfm

Detailed Information

Location:
Lake Placid, FL
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
N/A
Employees:
1
Facilities:
Inventory and asset list available upon signing an NDA.
Competition:
There are other fitness centers in the area, but this is the best and longest running!
Growth & Expansion:
Owner has health issues and wants to retire. He no longer does his juice bar, or 1-on1 training, cross fit training, etc - great room for improvement/expansion!
Financing:
Seller financing may be considered with 40-60% down payment.
Support & Training:
Owner will stay on for a time to train new owner.
Reason for Selling:
Health issues and he wishes to retire.
Business Website:
http://www.homedt.com/gymfin.cfm
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Business Listed By:
Daniel DeBono

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