Profitable Fitness Facility in Prime Location

Profitable Fitness Facility in Prime Location

Profitable Fitness Facility in Prime Location

LISTING DETAILS

Listing ID: 3218
Type of Sale: Asset
MLS Code: Exclusive
Industry: Health & Wellness / Fitness
Reason for Sale: Personal
Training & Support: Yes
Asking Price: $988,888

ASKING PRICE
$988,888
DESCRIPTION

An incredible opportunity to own a turnkey and cutting-edge full-service fitness facility boasting over 10,000 sq.ft and two-levels of inspiring and modern fitness space, Operating successfully for over 5 years, Stellar profits and year-on-year growth, Attractive future growth projections, Located in a very desirable and high-traffic area in Toronto, Ontario minutes away from a TTC Subway Station connecting with major lines, Surrounded by densely populated high-rise condominiums and commercial offices, New high-rise condominium developments being built nearby, Reliable and knowledgeable staff in place willing to stay under new ownership, Popular and high-demand programs offered include Group Fitness, Personal Training and User Lead-workouts, Currently facility has 500+ active clients, Excellent client referrals and retention. Great reputation and 5-star Google reviews, Well-maintained facility boasts 3 therapeutic offices, 4 group exercise rooms. Listing ID: 3218

COMPANY INFORMATION

Year Established: 2014
Days & Hours of Operation: Mon-Fri 6am-9pm | Sat 7am-5pm | Sun 9am-5pm
Employees: 5
Franchise: No
Square Footage: 10,696 sq ft

Monthly Rent: $9,256.56 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $800,000
SDE: $300,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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