Profile: This Lady’s Fitness Gym Is Perfectly Located In A Clean Retail Center.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$195,000 |
| Down Payment: |
$205,000 |
| Annual Revenue: |
$396,000 |
| Annual Adjusted Net: |
$88,800 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Located In North San Bernardino, This Lady’s Fitness Gym Is Perfectly Located In A Clean Retail Center With Excellent Traffic. Cal State University Less Than A ½ Mile Away Keeps The Club Busy And Is A Good Source For New Customers. The Business Was Established 3 Years Ago And Is In A 3,000 Sq Ft Building With A Lease Good Till 2010. The Club Is Clean And Vibrant With Circuit Equipment For 24, Full Line Of Cardio Equipment Including Treadmills, Elliptical Machines, Bikes And Steppers, Free Weights, Weighted Hoops, And Exercise Balls. The Gym Keeps Up Beat With Televisions And A Music System To Provide A High Energy Environment. They Offer Aerobics Classes As Part Of Membership, Two Infra-Red Saunas And A Tanning Bed As Extras. The Franchise Has 20 Years Of Experience And Is Considered An Innovator In The Industry With Over 400 Clubs Worldwide. The Business Is Based On A 30 Minute Workout For Women But This Location Has Added Other Services Due To High Demand. Business Has A Large Base Of Contracted Clients Most Of Which Sign Up For 3 Years At A Time, Adding Stability To The Business. There Is A Lot Of Opportunity To Grow The Business, Motivated Owners Increasing Advertising To The University, Local Businesses And To Homes With Direct Advertising Could Increase Customer Base. Great Opportunity And Lots Of Growth For A Hand’s On Owner. Seller Willing To Carry A Note In Amount Of 75,000 For Qualified Buyers.
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