Fitness Center
Not Disclosed, MI Wayne County
Downriver Area
Asking Price:
$300,000
Annual Revenue:
$300,000
Request More Information Contact the Seller
- RE: Fitness Center
- Contact: Armen Nazarian
Owner Financing is Available!
$300,000 with $150,000 down, 8% interest, amortized over 84 months, balloon due in 60 months.
Quick Facts
| Asking Price: | $300,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 12 | |
| BBN Listing #: | 273952001 | |
| Broker Reference #: | 0528 |
Business Overview:
This is a great opportunity to own a 5-Star Fitness Center in the Downriver Area. Established in 2020, this 4,200 square feet facility is growing at a steady pace with plenty of growth opportunity. All classes are instructor led and the studio has been equipped with infrared, long-wave technology promoting a 'burn' of 500-1000 calories during a 1-hour workout. Infrared studies have shown healthy detoxification, quicker recovery, and a continuous 48 hour 'after-burn' effect. Everyone’s accomplishments during the workout are made visible via live screens managed with an individual's heart rate monitor. In addition to the instructor led fitness studio, there are individual infrared saunas (short-wave), the infrared heat penetrates tissue, joints, and muscles to relieve anything from minor aches and pains to chronic pain conditions. All equipment is in excellent condition and well maintained. All levels of workouts are available from beginners to advance! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding additional classes, expand the hours, adding a smoothie/protein bar, community involvement and adding an EFT program, you have HUGE potential. This is a turn-key operation only needing a new owner-operator. A must see/must have business. Seller will train and entertain all reasonable offers. Contact Armen Nazarian @ 248-231-7714 or visit www.armennazarian.comTo request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This is a great opportunity to own a 5-Star Fitness Center in the Downriver Area. Established in 2020, this 4,200 square feet facility is growing at a steady pace with plenty of growth opportunity.Market Competition and Expansion:
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding additional classes, expand the hours, adding a smoothie/protein bar, community involvement and adding an EFT program, you have HUGE potential.Reason for Selling:
Family Care Responsibilities.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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