Offering dozens of group fitness classes weekly, each designed to address different fitness levels and objectives. Well established, fully staffed with accredited trainers and group leaders. AAA location in the GTA. The program extends beyond traditional fitness, emphasizing a holistic approach that includes nutritional planning and active rehabilitation
- Asking Price:
- $440,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $589,072 (CAD)
- Cash Flow:
- $130,603 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Good term left with options to renew
- Leasehold Rent:
-
$118,344 (CAD) per annum
- Location:
-
Very busy strip plaza with major anchor tenant. Corner unit, AAA visibility
- Premises Details:
-
5,260 square feet, divided into multi discipline rooms, reception area, showers and change rooms, management offices, etc
- Size in square feet:
- 5,260
Business Operation
- Expansion Potential:
-
Add more services at different times of the day and this business could double in size
- Competition / Market:
-
This business offers unique services and has very little direct competition
- Reasons for selling:
-
Retiring
- Trading hours:
-
Monday to Friday 6:30 AM - 1:00 PM
Monday to Thursday 3:00 PM - 8:00 PM
Saturday 7:00 AM - 11:30 AM
Sunday 9:00 AM – 10:00 AM
- Employees:
- 15
- Years established:
- 19
Other Information
- Support & training:
-
The current Owners will train for 1 months. Training
will encompass all aspects of the business, including
operations, marketing, administration and accounting
- Furniture / Fixtures value:
- $75,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $15,000 (CAD)
