Athletic & Fitness Club / Property
Location:
United States
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California
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Northern California - All Northern California
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Central Valley
Industry: Health and Medical > Health Clubs and Spas
Business Summary
Great facility (30,654 SqFt building on a 39,600 Sq Ft lot) in an upscale residential neighborhood. Also includes large, fully landscaped parking lot (26,244 SqFt). Business has indoor swimming pool, indoor basketball court, racquetball courts, exercise & weight rooms, day care room & tanning booths. They offer dance, yoga and aerobics classes as well as swimming lessons. Cash flow of $283,560 includes a rent payment of $180,000 to owner. Seller is an absentee owner. Loan of $1,650,000 can be assumed by the buyer. Great opportunity to expand the membership with local marketing. Facility is located near the newer residential developments in the community. Contact for more information on this Athletic & Fitness Club for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$846,652
Cash Flow:
$283,560
Cash Flow Type: Sellers Discretionary Cash
Inventory: $0 of inventory included.
Seller Financing: Not Disclosed
About The Business
Year Established: 1999
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: 2 weeks at 40 hours per week.
Reason For Selling: Other interests.
Click on the "I'm Interested" button above for more information on this Health and Medical > Health Clubs and Spas business for sale.
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Print Listing Id: 70089033
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