Advert Ref: MN1365

Sonoma County Health And Fitness Centers-Motivated Sellers For Sale

  • Sonoma County, California - North
Asking price:
$299,000
Sales revenue:
$500k - $1m
Net profit:
Undisclosed

Photograph of this business for sale

OPPORTUNTY: This business includes two locations in Sonoma County. The center is a modern, non-intimating fitness center that is motivated to assist their members’ goals in weight loss, muscle-toning, and healthy lifestyle choices. The members benefit from energetic, communal workouts assisted by highly qualified and mindful trainers who provide extensive nutritional guidance and support. The center is equipped with battle ropes, kettle bells, plyometric platform boxes, medicine balls, TRX suspension straps, benches and racks, dumbbells and barbells.
Both locations have experienced consistent growth and profits in the past three years. Although both locations require minimal owner presence, one location does have a full-time general manager while the other location has a part-time manager in place. Nutrition and accountability systems are fully built out and automated.
ADDITIONAL DETAILS:
- First location rent is $4,500/mo. gross for 4,650 sq.ft.
- Second location rent is $4449/mo. gross for approximately 2,400 sq.ft.
- First location’s lease expires November 30, 2019 with a pre-negotiated 3-year option
- Second location’s lease expires October 1, 2019 with a pre-negotiated 3-year option
- New owner does not need a degree in nutrition to deliver the service

PRICE INCLUDES: Goodwill, leasehold interest and all Fixture, Furnishings and Equipment.

DRE LIC# 01789190.

Property:
Leasehold
Location:
Sonoma County

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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