| Independently Owned - Health & Fitness Center |
| Listing ID: 1223 |
Location: Lancaster County |
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Brief:
NEW PRICE AS OF 6-15-10: $74,900. The business is well known in the Lancaster County due to its convenient location and its friendly staff and comfortable atmosphere. The business is committed to providing a high level of customer service in an environment where everyone is comfortable exercising. |
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| Listed Price: |
$74,900 |
| Total Sales: |
$392,000.00 |
| Seller's Discretionary Earnings: |
N/A |
| Fixtures Furniture, & Equipment: |
$130,000.00 (Included in Listing Price)
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| Real Estate: |
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| Inventory: |
(Included in Listing Price) |
| Financing / Terms: |
The Seller is not offering to finance the purchase price. Commercial financing is available with a local bank lender under the SBA small business loan program. MCA will assist a buyer with loan proposal development to secure financing at no fee to the buyer. |
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Business Information |
| Year Established: |
2003 |
| Number of Employees: |
1 Full Time / 20 Part Time |
| Days and Hours of Operation: |
Monday to Thursday: 5:00am to 11:00pm Friday: 5:00am to 9:00pm Saturday: 8:00am to 6:00pm Sunday: 8:00am to 3:00pm |
| Relocatable: |
No |
| Franchise Information: |
This is not a franchise. |
| Facilities / Location: |
The facility is 10,500 sq. ft. The current lease price is reasonable and below market value. The Lessor is willing to allow assumption of this lease or negotiate a new lease with the buyer. |
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Lease Information |
| Lease Expiration Date: |
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| Option: |
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| Monthly Rent: |
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| Additional Information |
| Reason for Selling: |
The sellers are involved in ownership of other businesses which require their daily attention. |
| Business Description: |
The business is well known in the Lancaster County due to its convenient location and its friendly staff and comfortable atmosphere. The business is committed to providing a high level of customer service in an environment where everyone is comfortable exercising. |
| Potential for Growth: |
To own and operate a well established health and fitness facility in an ever growing area of Lancaster County, PA. There is space available within this facility to add a juice bar, personal training, martial arts, etc. |