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Businesses For Sale > Business For Sale in Baldwin County, Alabama (AL)

First Class Fitness Center, w/Real Estate Included

Baldwin County, Alabama (AL)

Asking Price: Gross: Cash Flow:
$1,500,000 $161,500 $124,000

Furniture and Fixtures Value:
$300,000 (included in the asking price)

Inventory Value:
$5,000 (included in the asking price)

Real Estate:
$1,200,000 (included in the asking price)

Business Summary:
This is a first class Fitness Center offering 24/7 club access with top of the line equipment. They offer popular one-on-one training, group fitness classes and cardio-vascular regimens. Established with 258 active members the center has a complete circuit of exercise and strength machines, treadmills, climbers, bikes and free weights. They feature the Cybex and Keiser equipment. Two tanning beds are included. The facility has a well-occupied racquetball/Wally ball court. Complete dressing rooms for men and women with lockers, showers and saunas in each. Located near a hospital with a large area of medical offices; this proximity offers the opportunity to partner for specialty programs such as cardiac rehab and other related physical rehab. Located just off of busy highway and is a top stop for tourists and fitness fanatics. This is a two-story building with 2,500 sf on the 2nd floor that can be leased out for specialized classes or teaching. It has a Health Dept. Approved Deli Area, that is not being used and could bring in additional income. The pro shop sells supplements, vitamins, clothing, and work out accessories. Revenues and cash flow have been annualized. Great area to live and work: and in a booming economy with real estate values that are continuing to be strong. The real estate valued at $1.2MM is included in the sale price.

 

   
Year Business was Established: 2001
   
Number of Employees: 1 Full/3 Part  
   
Facilities / Terms of Lease: 12,500 sq. ft. building; included in sale price  
   
Owner willing to finance: Seller will provide partial financing  
   
Owner willing to train: Seller will provide trianing  
   
Reason for selling: Lives out of the area  
   
Seller Reference Number: N391-LC
BusinessMart.com Listing Number: 41676
 

 

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For more info contact:

Lanier Chew

Sunbelt Business Brokers
251-626-4949

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