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Established Gym In Essex County For Sale

Essex County, Massachusetts
Asking Price:
$90,000 (USD)
Sales Revenue:
$250,000 (USD)
Cash Flow:
$83,000 (USD)

Business Description: Buy now and get ready for one of the peak periods for the New Year! Great opportunity to be in business for your self! This is priced to sell! To start a new club like this would cost $150,000. This is a fantastic deal to purchase a business with consistent revenue from day one. Make an offer now when clients are motivated to get in shape for the New Year! All reasonable offers will be considered. Owner only puts in about 10 hours a week on location primarly working on renewals and enrolling new members. This business provides small group personal training for women. This business model generates more revenue per hour than 1:1 training. One trainer works with four women at a time. Located in a strip mall, in an upscale community next to a major retailer. Currently has 110 members, which is an increase, with an average renewal rate of 75%. Do more outreach into community to increase membership, as well more social media marketing.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

other professional interests to return to corporate job

Employees:
3

Other Information

Support & training:

Yes

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

75,000.00 Down & Need good credit and be approved by franchise

Furniture / Fixtures value:
$25,000 (USD)
Inventory / Stock value:
$4,000 (USD)

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