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Broker Contact Information |
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Women's Weight Loss Center | Listing ID: 20616 |
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| Asking Price: |
$139,000 |
Status: |
Active |
| Business Type: |
Service - Others | Retail - Others |
Reference #: |
41420127 |
| Business Location: |
Cincinnati, Ohio |
Broker Coop: |
No |
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Hamilton County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$345,000 |
Full-Time Employee: |
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| Cash Flow: |
$10,000 |
Part-Time Employee: |
5 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
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| Year Established: |
2003 |
Rent /Month (Include NNN): |
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| Accounting Info(years): |
6 |
Lease Exp.Date: |
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| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
No |
Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
Monday thru Saturday |
Lease Transferable: |
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| Reason For Sale: |
Moving out of town |
Rent Increase: |
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| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
Yes |
| Real Estate Value: |
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Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$75,000 |
Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
$2,000 |
Min. Down Requested: |
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Business Description |
This center has been open for 6 years and provides the highest quality of professional and personal care to all income classes resulting in weight loss / maintenance, reduction of weight related disease states, increased mobility / flexibility and a new outlook on life. Over 240 clients exist in the current database. Trained and experienced employees assist the owner in operating the business. Initial investment in the business exceeds the asking price. Seller’s family is being transferred out of town. This is an ideal purchase for buyers, who have a passion to help people, to join the billion dollar wellness industry. This purchase is also ideal for those that might be tired of their chosen medical field and looking for an alternative way to make a living such as retired physicians, registered nurses, or dieticians. Weight loss and health wise customers have special requirements that are underserved by the health club industry. Most health clubs are perceived as being too big and competitive for mature, inactive, and overweight women. This center utilizes the 3 phase method of nutritional counseling, body sculpting, and cardiovascular fitness to achieve success with their clients. |
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