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| Asking Price: |
$299,000 |
Status: |
Active |
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| Business Type: |
Service / Service - Others
Food and Beverage / Fine Dining Restaurant |
Reference #: |
BBF-47809021 |
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| Business Location: |
Charlotte County, Florida |
Broker Coop: |
Yes |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$460,000 |
Full-Time Employee: |
2 |
| Cash Flow: |
$61,000 |
Part-Time Employee: |
11 |
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|
Business Detail Information |
Lease Information |
| Form of Ownership: |
|
Leased SqFt: |
13,500 SF |
| Year Established: |
14 |
Rent /Month (Include NNN): |
$9,742 |
| Accounting Info(years): |
3 |
Lease Exp.Date: |
11/30/2012 |
| Franchise: |
No |
Original Lease (# of yrs): |
5 |
| Liquor License: |
No |
Lease Left (# of yrs): |
3 |
| Seating Available(#): |
|
Lease Option (# of yrs): |
5 |
| Parking Space(#): |
|
Lease Renewable: |
Yes |
| Hours of Operation: |
M-F 5:30am-10:00pm; Sat 8am-5pm, Sun 9am-4pm |
Lease Transferable: |
Yes |
| Reason For Sale: |
|
Rent Increase: |
|
| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
Yes |
| Real Estate Value: |
|
Seller Financing Available: |
No |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
|
| Fixture & Equipment Value: |
$385,390 |
Seller Financing Term(years): |
|
| Inventory Included: |
Yes |
Annual Interest Rate: |
|
| Inventory Value: |
$2,000 |
Min. Down Requested: |
$20,000 |
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Business Description |
Established 13,500 sq ft health club under same ownership for nearly 14 years: extensive gym equipment, pro shop, juice shop, aerobic room and childcare services. Great location at intersection of two State highways near Interstate. Friendly, professional staff. Loyal, diverse customer base. Highly motivated sellers will look at any offer. Receivables are $23,000 for current month, vary thereafter based on contracts. |
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