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Listed by:

Legacy Venture Group

Easy To Run Fitness Center In Hillsborough County For Sale

Hillsborough County, Florida
Asking Price:
$350,000 (USD) Furniture / Fixtures included
Sales Revenue:
$306,593 (USD)
Cash Flow:
$171,365 (USD)

This Fitness Center located in East Hillsborough County, Florida is an excellent opportunity for the entrepreneur who is searching for a profitable, established business to own and operate. It has a large client membership base that is loyal to the business. It is a beautifully designed fitness center, built out with tons of great equipment to meet the needs of all its clients. The facility is kept clean and fully operational by its small team of staff but would do better with a full-time owner/operator like you.

Someone walking into this business should be able to step in immediately and carry on. Your skills in marketing, business management, and business development will take this business to a whole new level. But even as it is, with its current membership, it is profitable and it is an attractive business. It is a great place to learn how to run a business and also great business for anyone who is looking to build and grow.

Property information

Real Estate:

Lease

Lease Terms:

3 years remaining on lease with 5 year renewal option available

Leasehold Rent:

$62,160 (USD) per annum

Location:

This is a large, beautifully equipped and well-appointed location. The fitness center is situated at a busy location and has ample parking which makes it easy for customers to find.

Size in square feet:
15,000

Business Operation

Competition / Market:

Competition is typical for the industry, however, this business stands apart from many other locations. It is not a franchise which means that it benefits the current owner by not having to pay outrageous franchise fees. It also provides flexibility for someone to change with the marketplace as consumer demands change. Strong word of mouth and a great reputation are two main reasons this facility has a large monthly customer membership but a more robust marketing campaign could take this business to the next level.

Reasons for selling:

The owner has other employment obligations.

Employees:
2
Years established:
3

Other Information

Support & training:

7 days a week: 5 AM - Midnight

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The owner may be willing to provide some financing for a qualified buyer.

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Related Documents:

Contact Information

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