Fitness Facility For Sale - Central Indiana, IN

PROFILE: This Well Known Fitness Facility Has Been In The Community Since 2001

AD/LISTING INFORMATION
Status: Available
State: Indiana
Location: Central Indiana
County: None Given
City: None Given
Primary Category: Service Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  127246
Seller Or Contact:  Ralana Shelley
Primary Phone:  317-573-2100
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  5/10/08
Date Ad Last Revised:   5/10/08

FINANCIAL INFORMATION
Asking Price: $85,000
Down Payment: Negotiable
Annual Revenue: $75,027
Annual Adjusted Net: $30,827
   
Price Range: 0-$100,000
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: This Well Known Fitness Facility Has Been In The Community Since 2001 And Has An Excellent Reputation As One Of The Largest Work Out Facilities In The Area, Specifically Serving The Traditional Weight Lifting, Muscle Building And Mixed Martial Arts Community In Eastern Indiana. In Addition, It Also Includes A Downstairs Fitness Facility Specifically Geared To Women And Seniors, Offering A Homelike Atmosphere And Friendly Staff.

They Currently Have Over 300 Members, And Offer Individual As Well As Group, Corporate And Family Memberships. Membership Includes Use Of Weight Machines, Cardio Area, Indoor Track, And Variable Motion Rock Climbing Wall, As Well As Group Fitness Classes Including Cross-Training For Speed, Self-Defense, Beginner And Intermediate And Advanced Mixed Martial Arts (Mma) Training. Personal Trainers Are Available, And Extra Classes In Mixed Martial Arts Are Also Offered. Mma Events Are An Additional Source Of Revenue That Could Be Expanded By A New Owner.

Currently, A Local Mma Organization Has Placed A Portable Fight Ring On The Second Floor Of The Gym. It Is Not Part Of The Purchase Price, But Mutually Agreeable Arrangements Can Be Made For It To Remain When Not In Use Elsewhere. In Addition, A New Owner Of The Gym Could Negotiate Mutual Terms For Hosting Mma Fight Events On Site. The Facility Also Offers Showers And Day Lockers For Men And Women As Well As A Dry Sauna, And A Steam Room That Is Currently Not Operational, But Could Be Utilized By A New Owner As An Added Service.

The Facility Has A Great Deal Of Additional Space That Could Potentially Facilitate Related Services For Additional Revenue Streams.

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