Two Health Fitness Facilities in South-Central Kentucky

KY

Seller Financing Available
Two Health Fitness Facilities in South-Central Kentucky
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Asking Price: $950,000

Cash Flow: $328,000

Gross Revenue: $1,670,000

EBITDA: N/A

FF&E: $502,000

Inventory: N/A

Rent: $0.00

Established: 2010

Two Health Fitness Facilities in South-Central Kentucky

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Business Description

Two south-central Kentucky health fitness clubs provide a new owner with more than $300,000 in annual cash flow. One club is matured and operating on auto-pilot in a market protected from big-box competition, while the other is a newer facility waiting to be improved with ongoing support and marketing, also in a market protected from heavy industry competition. Both clubs have been built on a solid foundation by industry experts, providing great platform for newcomers to the business or veterans looking to apply a great formula. Properties can be acquired together or separately.

Detailed Information

Real Estate:
Leased
Building SF:
18,000
Lease Expiration:
N/A
Employees:
60 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Personal training, equipment upgrades
Financing:
Will consider to qualified buyer.
Support & Training:
Seller will train new owner.
Reason for Selling:
Looking to re-invest proceeds in other businesses
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Doug Bolton

Business Listed By:
Doug Bolton

Sunbelt Business Advisors of Miami Valle

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Sponsoring Broker:
Gerry Chadwick, CBI

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