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$80,000

A turn key studio with an excellent 17 year reputation!

  • State: California
  • Listed: December 17, 2018 8:37 pm
  • Expires: 19 days, 12 hours

Description

A turn key studio with an excellent 17 year reputation!
Elite 24 hour access fitness facility in the beautiful Napa Valley!
This gem in Napa has an excellent long running  reputation for getting clients results.
We Offer personal and team training , massage and bodywork, nutrition  counseling , group classes and 24 hour access.
Desired Sales Price: $80,000
Annual Revenue 125,000
Net Profit $60k
# dues paying members 47
Average Monthly Dues $99 appx.
Total Size.Facility Square Feet: 1800
Year Business Opened: 2001
How Many Employees (Full time manager and sales/part-time): 3 IC’s
Seller Financing Available Yes
Competition in 3 Miles In-Shape
Support Training: Yes
Reason For Selling: Moving out of state n June 2019
Listing ID: 6545c185bc57c380

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A Recommendation of Jim Thomas, President of Fitness Management and Consulting

by Norm Cates, Club Insider Publisher and Tribal Leader Since 1993

Jim Thomas is a talented, experienced, dedicated, determined, and very professional expert in the health, racquet and sportsclub industry. A club industry veteran of over 30 years, Jim has been a Club Insider Contributing Author since March of 2006, when he joined our Club Insider Contributing Author Team. During that time Jim has written and contributed 50 articles which have been published during our 284 months of Club Insider publishing. Jim Thomas is a truly great asset to our publication, and to our wonderful industry, and he can be trusted to deliver great results, over and over, no matter what the challenge.

214-629-7223

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Broker Services

When is it Time to Sell Your Health Club or Gym?

gymsaleMany factors will tell you when it is time:

  • Owner’s “burn out” Owner’s or key employee’s health problems
  • Business relocation or rerouting of expressways
  • Lease expires and you do not want to renew for another term
  • Changing technology Get estate in order
  • Not interested in investing long-term capital
  • Children do not want to enter family business
  • Under-capitalized
  • Largest accounts in financial difficulty
  • Bank unwilling to renew credit lines
  • Supplier problems
  • Staff problems
  • Customer’s habits changing
  • Seeks retirement
  • Wants to cash out and go fishing

Learn More

Whatever the reason, you will need to plan an orderly transition to new ownership with less involvement on your part.

For more info, please call us at 214-629-7223.

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Testimonials

We sold our health club within 4 weeks - Thanks!

Shawn T.