State of The Art Fitness Center in Washoe County, Nevada*SOLD*SOLD*SOLD

$159,000

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Sold*Sold*Sold*Sold

Unique gym in central metropolitan location, with sophisticated contemporary style. Equipment/ facilities for 2000 members, currently has 510. Lobby is spacious with country club atmosphere, comfortable couches and chairs, free Wi-Fi. Custom murals in main gym. Selectorized and weight training equipment all custom black with cimarron upholstery; full 10 station E-Z Circuit push-button strength circuit; 31 cardio machines meticulously maintained; Fitness On Request, digital system with annual update of dozens of aerobics and martial arts classes on a touch screen kiosk that are projected onto a 10-foot screen with studio quality sound; cycle studio; yoga studio; aerobics gym; spacious locker rooms with ADA accessible showers and changing rooms; spacious public bathroom in lobby with changing table; bright childcare area with TV and craft tables; 8-camera security system with online access; integrated cloud-based membership, dues collection, online retail, POS, inventory, contact management and time clock system; electronic 24-hour access door for premium memberships; 25-foot high perpendicular signage including programmable LED signs; located on high traffic street less than a mile from interstate highway entrance/exit; free landscaped ground level parking. Very motivated seller. Supportive landlord –gym has become an anchor tenant.

Asking Price: $159,000
Gross: $upon NDA
Cash Flow: $upon NDA
Location: Nevada, Washoe County
State: Nevada
Established: 2010
Facility Sq. Ft. 10.000
Employees: 5 core staff
Members: 210

 

Support Training: owner will provide 60 days to Buyer for transition training plus 60 days…availability for consultation
Growth/Expansion: Contiguous space of 3,125 sq ft could be available for expansion . Fastest-improving economy in US. Spaces ready, wired, and plumbed for saunas and juice bar to be added.
Competition: There are several small franchises in a 5 mile radius, OVER 100,000 population
Reason For Selling: Owner must devote more time to the Medical Profession that requires the Owner to be domiciled in another State

 

Listing ID: 399527a2a85a68fd

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