Health & Fitness Center For Sale - Salt Lake City, Utah, UT

PROFILE: Health & Fitness Center

AD/LISTING INFORMATION
Status: Available
State: Utah
Location: Salt Lake Count
County: Salt Lake
City: Salt Lake City
Primary Category: Retail Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  128629
Seller Or Contact:  Business Broker
Primary Phone:  801-264-8911
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  6/13/08
Date Ad Last Revised:   6/13/08

FINANCIAL INFORMATION
Asking Price: $850,000
Down Payment: $850,000
Annual Revenue: $813,972
Annual Adjusted Net: $176,888
   
Price Range: $500,001-$1 Million
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: Health Club- Over 1,300 Dedicated Members With Little Advertising. The Health Club Just Had An Independent Third Party Business Appraisal That Appraised For
Low Range $858,000
Mid Range $961,000
High Range $1,064,000


Location Ideal - According To The American Sports Data Households With Income Ranges Of $50K-$75K Join Health Clubs At 13.3% And Households With Income Over $75K+ Join At A Rate Of 21%. This Research Also Found That 87% Of The Members Will Come With-In A 12 Minute Drive Time. Demographically Of The 200 Census There Are Over 111,000 Residents Within An 8 Minute Drive 21.2% Maintain Income Between $50K-$74K And 31% Maintain Income Level Of $75K+. Compiling This Information, The Club Has A Market Share Of Greater Than 10,000 Potential Members.


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