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

Total Performance 24 Hour Fitness Center

Location  Louisiana,United States
Asking Price Range  $250K - $500K
Gross Revenues  $160000
Net Profit / Cash Flow  $58000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1982
Number of Employees  4 - 5
Inventory  175000
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Leased
Training  Yes
Reason for Sale  Owners relocating residence

Description  
Total Performance Gym is a 24/7 fitness center. It sits in a 10,000 sq ft leased space in a shopping center located on Main street in Baker, La. We are the only fitnesscenter on Baker and also the only privately owned, non-franchised gym within a 20 minute drive. We have a spin bike room, group fitness room, and the largest collection of professional machines and dumbells in Baton Rouge that we know of, with 55 workout stations, 5 treadmills, 4 elipticals, 9 spin bikes, 4 exercise bikes, 2 stairmasters, dumbells from 15lbs-150lbs, 1 gravitron, and plate weights from 2.5 lbs-100lbs. 3 closed and lockable offices, 1 storage room and a cleaning supply work room, seperate mens and womens dressing rooms with lockers and showers, 2 seperate restrooms also. 3 Flat screen t.v's, 2 desktop computers. Theres much more also. We have over 1150 active members, and have been at this location for 6 years and at our previous location for over 25 years which was also in Baker, la. We had over $150,000 in revenue in 2012 and is projected to continue to grow. the current value of all equipment is approximately $175,000+. We currently use Gym Assistant software to track members and use a swipe key at the front door for gym access. We are asking $350,000 obo. Serious inquiries only call 225-933-6162 if interested.


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