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Great Opportunity Gym Business For Sale

York Region, Ontario
Asking Price:
$599,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$250K - $500K (CAD)

Great opportunity for a visionary, hard-working and business savvy personal trainer to own his or her own gym.

Growing and well-equipped 24-hour well known franchised fitness club/ gym for sale in an affluent part of York Region (GTA).

Recently renovated, in 2018, ($300K in leasehold improvements) with mainly new equipment (+$100K). Showers, studio room for classes. In very affluent area and prime location. High traffic plaza. Close to highways. No other gyms in 2 km. radius. Currently over 500 members – targeting over 600 by year end. 8 years remaining on lease.

Would ideally suit a passionate, visionary, hard working, communicative, experienced personal trainer who possesses good business savvy and a “hunter” mentality, and thus maximize profits. Selling for health reasons but willing to maintain up-to 75% of ownership for the next 2 to 3 years. Purchaser (preferably a personal trainer can buy in chunks). No rush to sell. Only serious enquiries from personal trainers considered (No brokers please). Full training and part-time management will be provided

Est. revenue around $450K to 500K this year. NDA will be required to be signed. Asking price $599K

Property information

Real Estate:

Lease

Location:

Prime Plaza

Size in square feet:
5,500

Business Operation

Competition / Market:

Little competition in vicinity

Reasons for selling:

Health

Years established:
+10 years

Other Information

Support & training:

Provided

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$400,000 (CAD) - included in the asking price
Related Documents:

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