Vibrant Fitness Center in Macomb County - PRICE REDUCED

Listing Number: 0483-46106

Description

This fitness center is in an extraordinary 11,500 square foot facility located in a dynamic strip center and provides its members with superior training equipment and services. The business has a full staff including a general manager, assistant manager, sales consultant and a team of skilled personal trainers and instructors that would be willing to stay on with a new owner. The membership is comprised of approximately 2,000 individuals and the business provides several sources of revenue including personal training, fitness classes and a newly constructed cross-fit circuit training area. The current owners operate the business on a semi-absentee basis and are looking to sell because they are unable to dedicate their time sufficiently in order to grow the business. Seller financing is available with terms conditional upon the review of the buyer’s financial standing. For more information, please contact Jeff Sak of Transworld Business Advisors of Metro Detroit at (248) 519-2305 or jsak@tworld.com.

Listing Details

  • Price: $299,895
  • Down Payment: $0
  • Sellers Discretionary Earnings: $77,195
  • Total Sales: $852,285
  • Location: Macomb, Michigan

  • Inventory: $4,000
  • FF&E: $163,000
  • Employees: 16
  • Year Established: 2006
  • Reason for Selling: Pursue other interests
  • Category: Fitness

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