Listing Number: 13485-188803
Description
Turn-key fitness center with management in place! This 45+ year old health club provides over 3,500 members a variety of services allowing for all fitness needs to be met in one location.
This 20,000 square foot facility meticulously designed and maintained to provide offerings for fitness enthusiasts at every level in their fitness journey.
Over the last 5 years over $3.3 million dollars have been reinvested in modernization of the facility.
Tenured management team in place oversees 20 Full-time employees.
This is an ideal acquisition opportunity for a strategic buyer looking to enter or expand within the lucrative fitness and wellness industry. The company's established brand, diverse revenue streams and contract memberships provide immediate value and growth potential.
Listing Details
- Price: $ 2,500,000
- Down Payment: $2,500,000
- Sellers Discretionary Earnings: $ 516,039
- Total Sales: $ 3,071,982
- Location: North Carolina
- Inventory: $ 0
- FF&E: $ 787,144
- Employees: 38
- Reason for Selling: Retirement
- Category: Fitness
