• Asking Price: $300,000
  • Cash Flow: $140,000

Gross Revenue: $1,062,373

EBITDA:N/A

FF&E: $556,940

Inventory: $3,000

Lease Rate: $23,610 /Month

Established: 1988

Palm Beach Fitness Club

30+ years established pillar of the community, state of the art, newly renovated, elite fitness club. Was rated among the top 50 health clubs in the ENTIRE country! This family-centered club has spared no expense in equipment or class. Top of the line trainers, a half a million dollars’ worth of equipment, specialized yoga and cycle room, AND outside CrossFit-Ozone gym all within a 13,500 sq ft facility serving to 2,500 members and growing! For families there’s an excellent day care facility available. Don’t miss out on this opportunity!

 

Detailed Information

Location:

Palm Beach, FL

Inventory:

Included in asking price

Real Estate:

Leased

Building SF:

13,500

Lease Expiration:

N/A

Employees:

14

Furniture, Fixtures, & Equipment (FF&E):

Included in asking price

Facilities:

Top city in Palm Beach County.

Competition:

As a family-based fitness club it is outside of some of its competition because of its unique qualities.

Growth & Expansion:

A new buyer has the foundation laid and expansion is inevitable. New energy and new leadership will take this business to the next level.

Financing:

Seller may consider some seller financing for a qualified buyer.

Support & Training:

Seller will train buyer to operate the business for successful transition.

Reason for Selling:

Personal

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