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Swim Club, School, & Gym
Location: United States -> California -> Northern California - Bay Area
Industry: Educational > Other Educational




Business Summary

This business has it all!-A profitable swim school/health club/gym, a well-established client base with a long-term excellent reputation, commercial real estate, and residential rental real estate. With indoor and outdoor recreation spaces-pool, gym, sauna, hot tub, parcourse, track, picnic grounds, tennis court-it makes an ideal venue for private parties and corporate events.

It's great for an owner-operator, a semi-absentee owner, a real estate investor, an existing business that wants to expand. And, it may be possible re-purpose it to be assisted living facilities, or an idyllic family compound, or whatever a new owner could imagine.

The business currently grosses about $200,000 per year; but, it has the capacity for at least triple that revenue (if not more) with new active management and renewed marketing. The fixtures and equipment include all the treadmills, weights, exercise machines, etc.

The real property assets include a ''school size'' outdoor swimming pool; a single-story gym building with multiple exercise rooms, sauna, hot tub, men's and women's lockers and showers; off-street parking; a commercial rental building; a residential rental house; and, the current owners' residence (with attached 1-bedroom apartment) that could both be rented as well. It all sits on approximately one acre in a residential area, but zoned for its existing use.

The entire package-business + real estate-is being offered for $1,095,000.
While the sellers are looking for the buyer to bring cash and/or third-party financing to the deal, some short-term seller financing may be available for a qualified buyer. The included real estate would be excellent collateral for third-party financing-SBA or conventional.

A prospective buyer who is interested in just the business or on interested in just the real estate should inquire anyway.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1997
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

Photos

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Swim Club, School, & Gym Photo 1




Print Listing Id: 700273431
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Related Searches: Day Care Centers  >  Schools  >  Seminars  >  Test Preparation  >  Other Educational  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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