Business For Sale Listing 147813
Health Club
Status as of Sep-6-2008 at 05:59 PM: Active
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Business Summary
Offered at 25% ownership for $250,000. Cashflow reflects splitting 25% of the profits and taking over the manager's position.
Would consider partnering with a doctor, physical therapist nutritionist, etc. and offering office space for their practice within and shared receptionist. Collect 100% on your practice and also collect the %split of all the profits from the club. Owner would also consider 10% ownership for $100,000. If you like the "GO GREEN" this would definitely be the business to look at.
GROWTH POTENTIAL HAS NOT BEEN TAPPED-
According to the American Sports Data households with income ranges of $50k-$75k join health clubs at 13.3% and households with income over $75k+ join at a rate of 21%. This research also found that 87% of the members will come with-in a 12 minute drive time. Demographically of the 200 census there are over 111,000 residents within an 8 minute drive 21.2% maintain income between $50k-$74k and 31% maintain income level of $75k+. Compiling this information, the Club has a market share of greater than 10,000 potential members.
Only have 1,300 dedicated members with little/no advertising.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($813,972) |
| Profits: |
Under $100 Thousand ($89,714) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($250,000) |
