Fitness Training

Business Summary

This is a well established fitness center which was established in 2007. The same ownership is in place. the sales have actually increased each year and are now over $800,000. The cash flow is over $200,000 per annum. There is a good lease in place as well. The owners would certainly like to be able to establish similar operations in Western Canada and this is the reason they would certainly sell this operation. They will provide training for a least 4 weeks and sign a non competition agreement for the buyer.
price reduced by 90,000.00 effective March 27th 2014

Financials

Asking Price Range:  $500K – $1.0M
Gross Revenues:   $816,664
Cash Flow:   $213,423
Cash Flow Type:  EBITDA
Inventory:  $65,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  6 – 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  4 weeks in total
Reason For Selling:  Owners wish to establish business in other parts of Western Canads

Click on the “Contact Seller” button for more information on this Health and Medical > Health Clubs and Spas business for sale. Print Listing Id: 700210139

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