Essex County, MA Business - Fitness Center - George & Company

State-Of-The-Art Fitness Center #15542

Asking Price: $399,000

Cash Flow: $92,471

Gross Revenue: $653,899

FF&E: $350,000

Established: 1993

Business Description

Our client has completed the dream fitness center in Essex County and now is ready to retire. This fitness center has it all from free weights to the best machines to all types of classes to personal training. Great, trained staff is in place. 

This fitness center is ready to run with a new owner!

Detailed Information

Real Estate: Leased

Building SF: 20,000

Employees: 9

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: This 20,000 sq. ft. facility with plenty of parking. Equipment and build-out worth nearly $1 Million!

Competition: This is the largest, newest and most state-of-the-art fitness centers in the area. They are "One of a Kind"

Growth & Expansion: New owner could expand advertising & marketing efforts. Large opportunity to expand personal training and to expand energy drinks, smoothies, etc.

Support & Training: Seller supports training to aid in a smooth transition.

Reason for Selling: Retirement

Contact: Ron Ekstrom

Contact Phone: 508-753-1400  

Contact Email:  

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