Health, Racquet & Fitness Club - Large Membership
Location Arizona,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1189960
Net Profit / Cash Flow $319424
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1963
Number of Employees 10 - 19
Inventory $1,000,000 FF&E
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Absentee Owner - Real Estate Developer.
Description The Health, Racquet & Swim Club company has been established for over 42 years. All equipment is fully owned and in excellent condition, making cost of ownership minimal. This buiness is being offered debt free. Professional athletes and celebrities add to the appeal of this club. Very stable cash flow with a great many of 5,500 + members on monthly EFT billing. The facility is over 30,000 sqft and offers a variety of amenities. Very clean operation with upside to experienced operator. There is real potential to greatly expand this business and increase revenues and profits significantly. The selling price INCLUDES existing equipment, inventory and improvements. Total fixed assests are estimated to be over $1,000,000. Contact for more information on this Health, Racquet & Fitness Club business for sale.
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