Sold – Fitness Club with over 1500 members. Turnaround Opportunity.

$160,000

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This item has been sold.
Contact us here for more information.
Asking Price:$160,000
Gross Revenue:$356,028
FF&E:$200,000
Rent:$13,000 /Month
Established:2014

Business Description

This 8,000 square foot club has over 1500 members generating an average monthly eft draft of $28k! Benefits include: 24 hour access, low cost, name brand equipment and tanning, excellent demographics. Excellent opportunity for a new owner to improve the business with additional marketing and sales plus adding personal training as a profit center.
The club is in the red about $1k-$2k per month. New on-site Owner can increase membership and add personal training to increase profits. For the right buyer this is a good opportunity because it would cost over $300k to open a club like this and build it up to 1500 members.

Detailed Information

Location:
Celina, TX
Real Estate:
Leased
Building SF:
8,000
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Upscale strip center with excellent demographics.
Competition:
Normal competition but low price model is big advantage.
Support & Training:
Yes
Reason for Selling:
Absentee owner.

Contact us here for more information.

Listing ID: 2615d82e2429f928

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