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PERSONAL FITNESS TRAINING

Seller: Attn: Larry Orenstein
Location: Tucson, AZ, USA
Listing Number: "SAZ961024"


Asking Price: $650,000 USD USA Dollars
Industry: Recreation: Sports, Exercise, Gyms
Year Established: 2006
Number of Employees: 1 PT / 2 FT
Yearly Revenue: $474,275
Yearly Cash Flow: $235,847

Overview of the Business:

This is a franchise with reasonable fees. Business has been successful from day one with gross sales of $100,000 in the first quarter of 2006. Offers personal physical training by appointment. The franchise has over 400 locations worldwide and is growing rapidly. It would be better if new owner had a history of physical training but not absolutely necessary as the high income would allow the hiring of a manager. OCF does not reflect a manager, it is stated as an owner/operator.


Property Features and Assets:

In a new shopping center. Facilities include equipment to facilitate one on one physical training. 1,200 sq. ft. in a Strip Center. Fixtures, Furniture & Equipment: $40,000 (Included in listed price). Monthly Rent: $2,885. Lease Expiration: 8/30/2011. Option: (1) x (5) year renewal. Terms and Conditions: Rent increase in year (2) of 3%. Security on Lease : $2,885.


Market Competition and Expansion:

Seller states that properly run and promoted this concept may be easily expandable into multiple locations.


Additional Details:


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