SOLD – State of the art owner operated fitness facility in Atlanta, Georgia

$155,000

Processing your request, Please wait....
This item has been sold.

atlanta 2atlanta 3atlanta 4atlanta 5

Sold Sold Sold Sold

Cardio with imbedded TV’s, full line of circuit training equipment, spacious free

weight area, small class menu with personal training available.  No locker rooms.  Private dressing rooms

and private bathrooms for our clients and a private shower as well.

Midsized state of the art owner operated fitness facility built to be a low

stress long term income earner and designed with a high end look.  Facility is located on a main

thoroughfare into and out of Atlanta in a trendy up and coming Atlanta neighborhood.

Asking Price:  $155,000.00

Annual Sales:  $174,000.00

Cash flow:  2014 =25k:  First five months of 2015 = 24k.  On track for 55k in 2015

Location:  Atlanta Fulton County

No franchise

Active Members:  530

Facility square feet:  6000

Year established:  2011

Employees:  5  Part time contract for desk help and trainers all 1099

Growth Expansion:  Lots of upside here.  Owner operator built facility to be a low stress income earner.

About ninety percent of revenue is memberships.  Plenty of revenue growth in personal training and

other areas with a little effort.

Support/Training:  Owner will train for short duration.  Facility is very simple to operate.

Reason for selling:  Owner’s primary job is being relocated.

Listing ID: 803558ddd5f529dd

Comments