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Business for Sale Summary

Personal Training Studio - Fully Equipped - 36499

Business Type: illness forces sale!,misc. retail/non-classifiable,other personal services,owner financing available,gym/health club
Owner Financing
Personal Training Studio - Fully Equipped
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This business has received 6 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $129,000 Down Payment $90,000
Gross Revenues $80,000 Lease Remaining Register Free to View
Owner’s Cash Flow $57,000 Number of FT Employees Register Free to View

Financing

$90,000 Down and $39K over 12 months @ 7.5%

Business Description

Personal Training Studio – Fully Equipped! This 1500 sf studio has it all from free weights to TRX, hack squat machine to tower equipment with every attachment you can think of. The owner and trainer is forced to sell due to a recent accident. That has created an opportunity for someone new to come in and run with the current concept, expand it or bring in something new to service the demand in the area. There are over 20 current clients that the owner is willing to help transition as part of a sale. In the past year the business generated an owner’s cash flow of approx. $57,000.00. The rent is only $1,500/mth. The owner will consider seller financing for a well-qualified buyer with experience. We are seeking a serious and financially qualified buyer with at least $90K in liquid funds. The ideal buyer would have experience in the fitness industry. Proof of funds will be requested before any buyer seller calls or meetings. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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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.