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Nov 25, 2019 — Excellent Fitness Business with Fantastic Lease Terms, Location, and Net Margins. Mostly hands-off owner. A great investment!
• Total Fixed Assets on Balance Sheet $1,997,202.79 (AS OF Sept 2019)
• 17,000 square feet
• Two floors and situated
• In a Prime location and 50-story building
• Absentee owner. A new owner can grow accounts if willing to be more hands-on, or keep the business model the same and enjoy a return on investment without much effort
• Over 200 state of the art machines, a spinning room, an exercise studio for group classes, three tanning rooms, a smoothie bar, a pro shop, and much more.
• Great rent situation as percentage of profits
Owner Willing To Finance!