UNDER AGREEMENT Fitness Middlesex County Sales $250k #15466

Middlesex County, MA

UNDER AGREEMENT Fitness Middlesex County Sales $250k  #15466
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Asking Price: Get Financing: $99,000

Cash Flow: $53,000

Gross Revenue: $248,850


FF&E: $75,000

Inventory: N/A

Lease Rate: $10.72 /SF/Year

Established: 2006

UNDER AGREEMENT Fitness Middlesex County Sales $250k #15466

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Business Description

UNDER AGREEMENT This full-service fitness center has so much to offer:
- Easy access location with parking
- Personal training & group classes
- Open 7 days per week (6 part-time & 6 sub-contracted certified trainers)
- Great growth potential
- 5,185 sf leased location offers locker rooms & indoor pool
- Priced to sell, under $100k
- Owner Financing Available

Attached Documents

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
6pt 6ft
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
5,185 sf leased facility. Lease includes: majority of the equipment (the use & maintenance of) Cleaning services Toiletries & towel service
Sure, there's lots of fitness centers but this one's got great visibility, great brand, tons of free parking, state of the art facilities AND the benefit of walk-in trade from the major hotel.
Growth & Expansion:
This business would greatly benefit by having an owner operator on hand full time. This club is located in a highly populated area. The focus and commitment of a full time owner operator would allow many expansion potentials to be developed.
Possible Seller Financing For Qualified Buyer
Support & Training:
Seller supports training to aid in a smooth transition
Reason for Selling:
Owns several other businesses outside this region
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Christopher George, CBOA

Business Listed By:
Christopher R. George

George & Company/CentralBrokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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