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Weight Loss-Fitness Center For Sale - Cincinnati, Ohio, OH - Hamilton County |
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| PROFILE: Weight Loss - Fitness Center Targeting Females |
| Status: |
Off The Market |
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| State: |
Ohio |
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| Location: |
Cincinnati, Oh |
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| County: |
Hamilton |
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| City: |
Cincinnati |
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| Primary Category: |
Service Related |
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| Alternate Category: |
None Given |
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| Asking Price: |
$135,000 |
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| Down Payment: |
$100,000 |
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| Annual Revenue: |
$227,000 |
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| Annual Adjusted Net: |
$15,000 |
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| Price Range: |
$100,001-$250,000 |
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| Franchise: |
Yes |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: The Business Being Offered For Sale Is A Relatively New Weight Loss And Fitness Center In One Of The Best Demographical Areas Of Cincinnati For This Type Of Business.
This Is An Excellent Opportunity To Become Involved In A $50 Billion Dollar Industry Without The Cost And Headaches Of A Start-Up. The Base Has Been Developed For This Business; It Just Needs Im-Proved Marketing Efforts And Results To Grow Revenues And Profitability. The Owner, Who Is Mostly Absentee, Has Other Business Interests That Require His Time And Attention.
This Is A Business That Can Be Personally Satisfying As You Help People Improve Their Fitness And Nutritional Lifestyles.
The Business Is Being Offered For Sale At A Substantial Discount To The Cost To Duplicate The Opera-Tion In Order To Achieve A Rapid Sale. The Business Is Offered At $135,000 Free And Clear Of Debt.
Assets Of $211,000 Included In The Purchase Are Noted Below.
This Is An Excellent Opportunity For The Person Who Wishes To Become Involved In This Industry And Reap The Rewards Of Building On The Base The Current Operation Provides.
Assets Included:
Receivables $ 25,000
Equipment (Cost) 126,000
Leasehold (Cost) 25,000
Franchise Value 35,000
Total: $ 211,000
4 Months 2008: Sales $69,543 Cash Flow $2,700
Estimate Potential: Current Overhead Can Easily Support A 50% Increase In Revenues/Members Without Additional Cost, Generating
Sales $341,000 Cash Flow: $111,000
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