Weight Loss & Fitness Center
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $227000
Net Profit / Cash Flow $15000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 6 - 9
Inventory 221000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training As needed.
Reason for Sale Owner is absentee - owns other business.
Description The business being offered for sale is a relatively new weight loss and fitness center in one of the best demographical areas of Cincinnati for this type of business.
This is an excellent opportunity to become involved in a $50 billion dollar industry without the cost and headaches of a start-up. The base has been developed for this business; it just needs im-proved marketing efforts and results to grow revenues and profitability. The owner, who is mostly absentee, has other business interests that require his time and attention.
This is a business that can be personally satisfying as you help people improve their fitness and nutritional lifestyles.
The business is being offered for sale at a substantial discount to the cost to duplicate the opera-tion in order to achieve a rapid sale. The business is offered at $135,000 free and clear of debt. Assets of $211,000 included in the purchase are noted below.
This is an excellent opportunity for the person who wishes to become involved in this industry and reap the rewards of building on the base the current operation provides.
Assets Included:
Receivables $25,000.
Equipment (cost) $126,000.
Leasehold (cost) $25,000.
Franchise Value $35,000.
TOTAL: $211,000.
4 months 2008: Sales $69,543. Cash Flow $2,700.
Estimate Potential: Current overhead can easily support a 50% increase in revenues/members without additional cost, generating Sales $341,000 Cash Flow: $111,000.
Email or call Wayne Corney at Keate Partners 513-241-3700 x 309 for more information on this Weight Loss & Fitness Center for sale.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
