MergerPlace

Large Equipped Fitness Gym in St. Johns

Florida (St. Johns)


  • Asking Price: $690,000
  • Gross Income: $774,283
  • Cash Flow: $121,357
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $250,000
  • Listing ID: #207096
  • Established: 2007
  • Employees: 4FT/24PT/1MGR

Business Description

Great opportunity to purchase a large, very well equipped fitness center with over 1600 monthly-pay members and growing. This center opened in 2007 and was expanded, totally renovated with all new equipment installed in 2014. Great location in a fast-growing, upscale area of popular St. Johns County. Limited competition in the area. The current owner has other commitments so this is run largely absentee. A new hands-on owner can really take this to a new level. Financials reflect working owner-operator. Please refer to listing #7101374285 and ask for John Serb when inquiring. Thank You!


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: St. Johns

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4FT/24PT/1MGR

Financial Information

Asking Price: $690,000
Gross Revenue: $774,283
Cash Flow: $121,357
FF&E: $250,000
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 16760 Square Footage: 10099 Building Type: Strip Center Terms & Options: yes Expiration Date: 2/29/2020

Reason for selling:

Other Interests

Support & Training:

Two weeks of training at no cost

Contact Business Seller

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Business Listed By:

John Serb

Transworld Business Brokers