Team Fitness Lake Stevens WA 22 Years in Business

Lake Stevens, WA (Snohomish County)

Front Entrance
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Asking Price: $500,000

Cash Flow: N/A

Gross Revenue: $954,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $25,000 /Month

Established: 2002

Team Fitness Lake Stevens WA 22 Years in Business

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Business Description

22 years Established Team Fitness Lake Stevens WA

18,000 Sq Ft! Team Fitness was founded in 2002 and is well established with over 2200 paying members. Team Fitness is privately owned and operated business. There is no franchise to deal with. This is a complete turn key business with so much more that a new owner could capitalize on! All equipment is new and most with warranty and service programs. Seller willing to train new owner. It would probably cost close to $1,000,000 just in equipment. Commercial Kitchen, Daycare room, Spinning class room, yoga studio, Basketball Court , group exercise room,Smoothie Bar, Tanning, Unrented hair solon area that's fully furnished ,massage rooms and esthetician rooms furnished. 2018 the gym in memberships alone brought in $666,000 and a total gross income of $954,500. If your looking for a great business that generates income immediately this deal is for you! Check out their website at www.Teamfitness.info
New owner to sign a new lease.

Detailed Information

Location:
Lake Stevens, WA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
18,000
Lease Expiration:
12/31/2024
Employees:
5
Facilities:
Team Fitness is located in a 25,097 sq ft facility with Hwy 9 visibility and 123 parking spaces
Competition:
There is a Anytime Fitness 3 miles from this location that posses no competition
Support & Training:
Seller will train new owner
Reason for Selling:
Seller is retiring and is going to enjoy his family
Franchise:
This business is an established franchise
Business Website:
http://teamfitness.info
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Business Listed By:
Corey Crain

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