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Health and Fitness Club

Location: Intermountain West

ID: (#201123)

201123
Price:$1,975,000
Revenue:$1,300,000
Cash Flow:$550,000
FF&E (Assets):$500,000
Inventory:$20,000
Real Estate:$0

Overview

This health and fitness club is located in an excellent market with limited current and future competition.

Details

Reason for Selling:

Family reasons. The owner would also like to pursue other interests.

Established:

2010

Employees:

6

Furniture, Fixtures, and Equipment (FF&E):

Premium fitness equipment. Their location has also been recently remodeled to accommodate a high end, fitness minded community.

Facilities:

NA

Inventory:

Various products that are sold through the club.

Competition:

This club is located in a community that has little commercial space available to build or lease another health and fitness club.

Opportunities for Growth:

The city has just announced hundreds of new housing units close to the club. The same template could also be used to duplicate additional locations in other neighboring towns.

Support and Training

The sellers are willing to provide training and support for a period of time.

Broker Contact Information

  • Royce Yorgason
  • Utah - Salt Lake City
  • (435) 764-5427 Mobile
  • (208) 401-9523 Office
  • Appointment Only:
  • North Realty, LLC
  • Utah - Salt Lake City
  • By Appointment Only
  • 2723 S, US-89 Suite 1
  • Salt Lake City, Utah 84318
  • Real Estate Broker: North Realty, LLC