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Broward County Gym SOLD

Gross Revenue: $1,062,373

EBITDA: N/A

FF&E: $556,940

Inventory: $3,000

Rent: $23,610 /Month

Established:1988

Business Description

Palm Beach Fitness Club

30+ years established pillar of the community, state of the art, newly renovated, elite fitness club. Was rated among the top 50 health clubs in the ENTIRE country! This family-centered club has spared no expense in equipment or class. Top of the line trainers, a half a million dollars’ worth of equipment, specialized yoga and cycle room, AND outside CrossFit-Ozone gym all within a 13,500 sq ft facility serving to 2,500 members and growing! For families there’s an excellent day care facility available. Don’t miss out on this opportunity!

Detailed Information

Location:
Palm Beach, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
13,500
Lease Expiration:
N/A
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Top city in Palm Beach County.
Competition:
As a family-based fitness club it is outside of some of its competition because of its unique qualities.
Growth & Expansion:
A new buyer has the foundation laid and expansion is inevitable. New energy and new leadership will take this business to the next level.
Financing:
Seller may consider some seller financing for a qualified buyer.
Support & Training:
Seller will train buyer to operate the business for successful transition.
Reason for Selling:
Personal

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