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This Business has been Sold!
Closing Date: 11/07/2014
Business for Sale Summary

Destination Full Service Fitness club - 23484

Business Type: gym/health club,tanning salon,day care center
Sold
Destination Full Service Fitness club
On November 7th 2014, The Undersigned
Acted as the Advisor to the Deal
Robert Accetta
Robert Accetta Senior Broker
Servicing: Middlesex County, MA
Essex County, MA
Suffolk County, MA
Norfolk County, MA
All of MA
Hillsborough County, NH
Merrimack County, NH
Rockingham County, NH
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $299,900 Down Payment $150,000
Gross Revenues $599,060 Lease Remaining Register Free to View
Owner’s Cash Flow $148,984 Number of FT Employees Register Free to View

Financing

$150,000 Down and TBD

Business Description

New price for this destination fitness club! Now also available the highly sought "CrossFit" program! Extensive cardio and weight lifting equipment so no waiting! Lots of amenities including tanning beds, racquetball, basketball, deck hockey, day care, boxing, and many classes including Zumba! In past 2 years renovated both locker rooms, new front desk and tiled entry, painted both inside and out, updated the HVAC and electric Doing a marketing campaign to 15,000 residents in the area and a Living Social coupon. Has increased membership in 2013 by over 750 new members! In addition receive monthly rental income from leased areas within the facility and doing cross promotion.. Financing is available with 288k down Call Accetta, Robert @ 1-877-735-5224

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.