Old School Gym For Sale
Location Utah,United States
Asking Price Range < $250K
Gross Revenues $117510
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 1 - 3
Inventory 117200
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks.
Reason for Sale Medical reasons.
Description Old School Gym for Sale. Payson, UT 84651. Sep 21, 2008. If you have ever wanted to own your own gym with dumbbells, treadmills, ellipticals and stairsteppers this is your opportunity. If you have wanted to train people in weight loss and health and nutrition, this is the place you want to be. A growing community in southern Utah county needs you to take over this business and make sure it stays here for the hundreds who love the facility. Of course, you have the choice to relocate the business after purchase.
The gym equipment, office supplies and inventory are appraised for over $117,000. The asking price is simply to pay off existing bills. It will be like starting a new gym business without the headaches of trying to go out and purchasing piece after piece on your own. The only cost you will have other than the normal day to day cost of running your business will be your investment/loan of $79,500. You'll have the opportunity to walk into an established gym the next day you decide this is the business for your. The new owner may do whatever they wish. The building is on a month to month rental agreement. The summer months are over and the money making months are yet to come.
There will be no other costs involved in the sale. The $79,500 pays all existing bills, leases and cost of equipment, taxes, etc. A two week training of the ins and outs of the business, its equipment, its programs and the operation will be included at no additional cost. We are advertising on GlobalBX in hopes of saving brokerage fees or additional costs of purchasing a business such as ours. Please contact us for all inquiries. Take a look at our gym at dumbbellsgym.com
Click Here To Contact Seller
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