Awesome Rent Deal! Successful Easy To Operate Health Club!

$1,300,000

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Asking Price:$1,300,000
Cash Flow:$200,000
Gross Revenue:$700,000
FF&E:$1,000,000
Established:2015

Business Description

Excellent opportunity to acquire this highly profitable Health Club.
Over 2500 members, generating a monthly EFT draft of $44k.
Extremely low rent! Only $7k per month for a 20,000 sq ft space!
The business netted over $408k in earnings in 2019.
Covid and competition has caused a drop off but it is still doing great!

Detailed Information

Location:
Alabaster, AL
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Over 150 state of the art Cardio & Strength Training machines. Fitness Services: HIIT TRAINING PERSONAL/GROUP TRAINING GROUP EXERCISE CLASSES SPORTS PERFORMANCE TRAINING Additional Amenities: TANNING DIET/PROTEIN SUPPLEMENTS SMOOTHIES LOCKER AREA SHOWER ROOMS
Competition:
Typical competition for a good demographic area.
Growth & Expansion:
Could grow Personal Training and Young Athlete Training market to improve profits.
Support & Training:
Yes, ongoing support and training will be provided based on the new Owner’s needs.
Reason for Selling:
After 7 years, the Owner wants to pursue other interests.
Listing ID: 89662c5f2eac93d8

July 6, 2022 3:52 pm

2 days, 17 hours

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