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BUSINESS FOR SALE - PROFILE #  MBFS-104313702

Fitness|Fitness Gym
South Martin County

Asking Price: $450,000   Down Payment: $150,000  
Gross Revenue: $757,419   Adj. Cash Flow*: $112,301  
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Executive Summary
Profitable Gym in So Martin County. Est. since1988 as a full service fitness center. 3,000 active members. 20,000 sq ft facility. Fully equipped. Exp. staff will stay on with the new owner. Monthly EFT $28k/month. Owner benefit for a working owner $112k. Bank Financing Ok with $150k down. Perfect books & records (16/15/14 Tax returns on file). Owner benefit reflects a FT working owner. All buyers must financially qualify & be approved by the seller before the confidential location is released.

Acquisition Highlights

  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1989 Inventory: $1,500 Included
Employees: 5 FT, 4 PT Furniture, Fixtures & Equipment: $100,000 Included
Lease/Rent: $13,300 Real Estate:
Building Sq Ft: 20000
    Total Assets Included in Sale: $156,500
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Russell Cohen
Phone:  (954) 900-2685
Fax:  (954) 510-2332
Other:  (954) 646-7651
E-mail:  rcohen@murphybusiness.com
MURPHY BUSINESS & FINANCIAL SERVICES DAVIE
5220 S UNIVERSITY DR. STE C203
DAVIE, FL 33328
www.sflabusinesses4sale.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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