SOLD – State of the art owner operated fitness facility in Atlanta, Georgia
$155,000
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SOLD - State of the art owner operated fitness facility in Atlanta, Georgia
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.
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