Turn Key Personal Fitness Training Facility Gym

Stuart, FL (Martin County)

Turn Key Personal Fitness Training Facility Gym
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Asking Price: $75,000

Cash Flow: $95,000

Gross Revenue: $96,900

EBITDA: N/A

FF&E: $55,000

Inventory: N/A

Rent: $1,377.70 /Month

Established: 2001

Turn Key Personal Fitness Training Facility Gym

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Business Description

Private Professional Personal Fitness Training Gym/ LEASE TO PURCHASE!

This very well established 18.5 Plus year old professional private personal fitness training facility gym was developed by an expert in the fitness industry to be ergonomgically super efficient so the client obtains the best fitness training session possible at competitive customer rates. This is not an ordinary gym. The business is a Professional Private Personal Fitness Training Facility Gym that is all One on One Personal Fitness Training. The Gym was designed with overhead efficiency in mind to keep the overhead as low as possible and to streamline the business so it can obtain its maximum profitability. In every phase of this business with equipment efficiency that was sought out and executed for low maintenance free, cost free operation. Only the best of every phase during the construction of this beautiful gym had been used to complete this beautiful buildout. With the care and expertise during the execution of every phase from the construction to professional personal fitness training to marketing this facility offers only the best that money can buy at a fraction of the advertizing cost that others use. In the 18.5 plus years of operation and with the facility owner attained a 5 star rating with over 500+ reviews that all of the customers agreed and posted positive testimony explaining how well and beautiful the facility is and how well it has been maintained. For People wanting to Financing the Business through the Owner, Owner is willing to Lease the Business with $1.00 Buy out at the end of the Lease period of 60 months. Lease with $10,000. down payment with 60 months leasing financing payments would be Approximately $1850. a month for a total of 60 months. Equipment expense is included in the Monthly payment of Approximatley $1850.00 for 60 months. At the end of the leasing period the purchaser/leaser is the owner of the gym business and all equipment. For People Purchasing this Business cash or there own financing, equipment expense of 27K is added to the 75K equaling $102K for the business and equipment. Also please note: Owner needs all potential buyers to be pre-qualified by submitting a Letter if Credit from the bank where funds are attained, Non-Discloser Agreement, Non Compete Agreement (contact the seller for the appropriate Non-Discloser and Non Compete Documents) and a Clear Copy of the potential buyers Drivers License (front and back). Once all the documentation has been submitted then Owner will explain the concept and operation expenses along with profits generated and financial documents to support the business. Owner will meet the potential buyer at the facility and answer all questions to the best of the ability by the seller.

Detailed Information

Location:
Stuart, FL
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
12/31/2019
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a 1600 sq. ft. Personal Private Personal Fitness Training Facility. It is fully equipped with extremely well maintained Commercial Equipment. Equipment consists of Cardiovascular Ellipticals and Treadmills, Stair Master, Bikes, Plate and Pin loaded Commercial Machines and Dumbbells from 5 lbs to 120 lbs. All equipment is paid for by the owner. The leased space owner is more then willing to lease the space to any qualified person that purchases the business.
Competition:
This one of a kind Professional Private Personal Fitness Training Facility Gym is the only true One on One Private Facility in the area. This successful Fitness Training Facility stands alone with nothing competitive in the same configuration near by. This Business has produced a stable income for the past 18.5 plus years. The owner has an advertising program that is basically cost free. This program has worked well for many years and has been perfected to maximum efficiency. This business will generate an income from the first day of operation.
Growth & Expansion:
The business can project that two trainers together can generate 35-44k per month easily after expenses.. One trainer can generate 15-22k per month after expenses. This type of business would be able to double the income listed and would work well with a husband and wife. This business is a turn key operations. Current owner will demonstrate this growth potential to the new owner(s). Current total overhead to operate is $2000/month with only marginal rent increases over the last three years. Examination of financial records reflect progressive upward
Financing:
Lease/Financing/Lease to Purchase/Lease to Qualified Buyers.
Support & Training:
Plenty of support and training to satisfy the purchaser. Will initiate after the Lease/Purchase of the business on site support until adequately trained and then off site support until the buyer feels comfortable on there own.
Reason for Selling:
Owner is Retiring/Motivated to Lease/Sell
Business Website:
http://www.topfitprostraining.com
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Business Listed By:
Jeffrey Urcan

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