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Profitable Fitness Club For Sale GTA

York Region, Ontario, Canada
Asking Price:
$480,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$800,000 (CAD)
Cash Flow:
On request

16,000 sq feet
Great lease
Lots of parking
Well established for over 30 years
Owner retiring due to health .
Financials will be offered to qualified buyers.
Central Location - high traffic

Property Information

Real Estate:

Lease

Lease Terms:

3 1/2 more years plus a 5 year extension

Lease Rent:
$16 (CAD) per sq ft per annum
Location:

Prime
Location in North GTA

Premises Details:

Commercial plaza in high traffic area

Size in square feet:
16,000

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Ability to expand to connecting tenants

Reasons for selling:

Retiring due to health

Trading hours:

6am-11pm

Employees:
25 sub contractors including instructors
Years established:
30 plus

Other Information

Support & training:

Will stay on for 1 year for transition

Furniture / Fixtures value:
$75,000 (CAD) - included in the asking price
Inventory / Stock value:
$300,000 (CAD) - included in the asking price