Snap Fitness Brewer 24 / 7 Fitness Center

Location: United States -> Maine -> Brewer
Industry: Health and Medical > Health Clubs and Spas

Businesses for sale Summary

Snap Fitness is a 24/7 self run fitness center for sale, with state of the art equipment. We have cardio, individual strength training for each muscle group, free weights, 2 tanning beds, 4 32” TVs, 3 changing rooms, 2 bathrooms, exercise room for classes, 2 personal trainers, one does do classes such as Pilates, Kick boxing, Bootcamp, Kick abs, and one on one, surveillance system, panic system for safety, and automatic lights. I am asking $300,000 for an established territory with about $7,000 per month coming in and growing. Bills per month are about $5,500 per month. There is an incredible amount of growing opportunity in this area. We have a good base of clientele already, but with some added advertising, sky is the limit. Email or call me at 207-989-7070.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   $84,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $150,000
Seller Financing:  No

About The Business

Year Established:  2007
Number of Employees:  1 – 3
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Not Applicable

About The Sale

Management Training and Support:  Yes between the franchise and me.
Reason For Selling:  I live 82 miles away and have been travelling almost everyday to the gym. I am just getting tired and can’t afford to pay someone to run it.