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For Sale: Fitness Club for Sale

(ID# 470)

Financials

Asking Price: $100,000
Sales Revenue: $228,000
Net Profit: $24,000
Furniture, Fixtures
& Equipment:
$167,000
Stock: $1,030

Business Summary

Are you a Personal Trainer, tired of the rat race in Toronto? You can now have your own beautiful and profitable fitness facility in Owen sound. This is the best time of the year to own a weightloss Clinic. This facility boasts a 5000sq ft. Gym Area, Showers, A large Change room, Personal Training Area, Dance/Aerobic studio, 6 Nutritional Coaching rooms, Storage facility & top of the line nutritional guidance system with Over 200 club members. Fully furnished with over 6 fairly new computer terminals. Low rent. It is located in the east end of the city near WalMart. Seller lives too far from the centre and is relocating even further. This is not a Franchise> Seller is offering a payment plan of $88K down +$3K per month for 24 months. Call Shaun 705.719.2522 for details.

General Information

Asset Sale: Yes
Employees: 3
Year Established: 2005
Trading Hours: 7.00am-7.00pm
Franchise Terms: THIS IS NOT A FRANCHISE

Property/Location

Real Estate: Lease
Location: 16th Street East
Lease Terms: $5800/month for 4 years

Other Information

Training Support: If required for 4 weeks.
Market Outlook: This is the #1 rated weightloss Clinic for the 3rd year in a row. No other facility in town offers naturopathic-based support, Nutritional guidance and personal training. All for Women only
Reason Selling: Owner recently got VC funding for an Online business. Has to move away in November.
Financing: yes. 20%
Website: www.truestarhealth.com

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