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Weight Loss - Fitness Center

Cincinnati, Ohio (Hamilton County)

Services - Other Personal Services

Asking Price $95,000 Inventory see asset list** 
Gross Income $225,000 Real Estate  
Cash Flow $15,000 Year Established 2007
FF&E $211,000* Employees 6

* included in the asking price

** not included in the asking price

The business being offered for sale is a relatively new weight loss and fitness center in one of the best demographical areas of Cincinnati for this type of business. This is an excellent opportunity to become involved in a $50 billion dollar industry without the cost and headaches of a start-up. The base has been developed for this business; it just needs im-proved marketing efforts and results to grow revenues and profitability. The owner, who is mostly absentee, has other business interests that require his time and attention. Assets Included: Receivables $ 25,000 Equipment (cost) 126,000 Leasehold (cost) 25,000 Franchise Value 35,000 TOTAL: $ 211,000 4 months 2008 Sales: $ 69,543 Potential: Current overhead can easily support a 50% increase in revenues/members, producing: Sales:$ 341,400 ACF Cash Flow: 111,640 ACF: Profit/Cash Flow the business generates to the owner after adjustments. Owner wants to sell - make an offer!

Facilities: 2100 sq. ft. leased facility - great location.

Growth/Expansion: Currently 200 members. Facility and staff could easily support 300 members. Profit would jump to over $100,000

Financing: Seller may provide some financing

Support/Training: As needed.

Reason Selling: Other business interests

AD # 392700

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