Outstanding Fitness & Exercise Gym Center for sale

Birmingham, AL

Seller Financing Available

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Asking Price:$325,000
Gross Revenue:$249,894
FF&E:$310,000
Cash Flow:$107,983
Rent:$4,474/Month
Established Year:2015
BUSINESS DESCRIPTION

At this center the owners mantra it to encourage its members to put fun into fitness with a goal to achieve real results. This gym offer a full range of cardiovascular machines, resistance machines, free weights, an investment of over $300,000,it shows! Partner that with amazing classes an offerings of a team of highly-qualified personal trainers and nutrition planning to help you achieve your fitness goals.

There is also supplement store that is open to the public. Never get board of your workout . There are classes to fit your busy schedule and 24 hours a day, 7 days a member access week for early birds and late shifters to grind out a work out: there is never a bad time to visit the gym. What are you waiting for?


DETAILED INFORMATION
Location
Birmingham, AL
Inventory
Included in asking price
Real Estate
Leased
Building SF
50,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased property is a 50,000 SF facility with 24/7 access to members located on the main commuter corridor. There is ample lot parking and overflow parking next door Assets include approximately $300,000 in free weights and exercise equipment.
Competition
One of two fitness centers in a suburban community of 16,000 people that also serves as the main shopping and entertainment district for a three county area.
Growth & Expansion
There are many growth opportunities available by expanding services and offerings
Financing
Seller will consider some financing for a qualified buyer
Support & Training
Seller will provide an agreed to amount or training and transition as part of the purchase price
Reason for Selling
The seller has other business interest that are decreasing his availability to t
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Don
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Don Smith