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view details>Finest Fitness Club in South Org Co. SOLD June 2010
Fitness and Recreational Sports Centers
Overview
| Status | Active |
|---|---|
| Listing ID | 68699 |
| Listed Price | $350,000 |
| Down Payment | $275,000 |
| SDE | Call |
| Total Sales | $960,522 |
| FF&E † | $255,000 |
| Real Estate ‡ | Call |
| Inventory ‡ | $3,500 |
Reason For Sale
Personal
Financing/Terms
Seller will carry $ 75,000 at 6% for 36 months
Training & Support
Yes for 4 weeks 30 hours
† Included in price
‡ Not included in price
Contact Information
Hal Janke, CBI, AMAA
President
| Office: | |
| Cell: | 760 612-7018 |
| Fax: | |
| Email: | info@omegabusinessadvisors.com |
Operations
| Year Established | 1,998 |
|---|---|
| Last Acquisition | NA |
| Absentee Owner | Yes |
| Franchise | NA |
| % of Business Online | 50 |
| Days & Hours | Monday – Friday 5am-10pm, and Saturday & Sunday, 7am-6pm. |
| Number of Employees | 5 pt | 30 ft |
Location
Laguna, in high dempgraphic area| Type of Location | Stand-alone |
|---|---|
| Square Footage | 12,000 |
| Lease Expires | 04.18.18 |
| Options | negotiable |
| Relocatable | No |
Executive Summary
Business Description
This is the finest Fitness and Health Club in Orange Co. All members of all fitness levels are encouraged to participate in a wide variety of classes taught by certified professionals. Approx. 1200 active membership. Over 60 classes are offered each week designed for first time beginning to highly advanced. Our diverse schedule includes: Yoga, Cardio Boxing, Step, Tighten and Tones, Spinning, Body Pump, Mat Pilates, and Senior Classes. Classes are conveniently schedule throughout the entire day to accommodate busy schedule. A floating hardwood floor designed for maximum performance, along with an experienced group of instructors; reflect the high quality and standards this Fitness Center maintains. Includes: Personal Training, Group Exercise Class, Cardiovascular Deck, Cybex Strength Training Equipment, Steam Room, Tanning, Children’s Center, and Wellness Center. Sales revenues are from 2008.
Owner Qualifications
Qualify with landlord per credit score and Net Worth needs to be $350k. Also suggested some business background in marketing and public relations would be helpful.
Competition
A little competition.
Potential for Growth
Very good with aggressive marketing.
Facilities & Locations
Beautiful high end facility. 12,000 sq. ft. Beautiful entrance with fountain, day care center, lots of weights, spinning, aerobics, nautilus and cybex equipment, private offices, sales offices, massage and much more.
