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Businesses For Sale   >>   Health Clubs and Spas Businesses For Sale

Upscale Fitness Club For Sale

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $662490
Net Profit / Cash Flow  $59646
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2004
Number of Employees  10 - 19
Inventory  200000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Yes
Reason for Sale  Owner is 69 and retiring

Description  
NY Fitness is a successful and popular fitness facility in Jackson, CA. Great opportunity for new owners who want to work in club as existing owner pays employees for virtually all services. 200K down, 300K bank and 300K owner carry-back if needed. Seller has spreadsheet showing profitability at this price. All equipment included in price and original cost over $300K. Owner is also real estate broker. See website Nyftyfitness.com Fitness area includes pool, basketball court, 2 racquetball courts, studio, daycare, commercial laundry, kitchen and nutrition area, massage rooms and more. First class facility and only full service club in Amador County.


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