Johnson County
State: Kansas
Ad ID: KS2576-VV
Financials
Gross Revenue: $469,468
Cash Flow: $249,701
Asking Price: $685,000
   
FF&E: $70,000
Included: Yes
Inventory: $2,000
Included: Yes
Summary Description

(SOLD!)
This high margin turnkey business is a well-established, independent fitness center.  It is not a trendy new health club that popped up yesterday; this business has been profitable for more than 10 years and has been intentionally developed to be very profitable.

The seller has been preparing for sale so that the new owner will acquire turnkey operations, stable costs and an attractive bottom line.  Seller is ready to retire to pursue other interests.

The club offers classes and private and semi-private training options.  Located in an affluent area of Johnson County, KS, its members tend to be professionals with high levels of disposable income.   Member and trainer turnover is low because the club provides noticeable results to its members and an attractive compensation model to its trainers.  The spacious, modern facility is furnished with top-notch, well-maintained exercise equipment and training tools.

If your passion is health and fitness, this is an excellent opportunity for an owner/operator who wants to continue to build the business or for an investor who is willing to invest in appropriate staffing for day-to-day business operation.

General Information
Year Established: 2001
Franchise: No
Home based: No
Relocatable: No
Facilities
Square footage: 7,200
Base Monthly Rent: 4,620
Reason for Selling
Other life pursuits