Profitable Premium Fitness Club In Markham For Sale

Description

Business type: fitness business

Location: Markham, Ontario

Current status: established operating business

Operating setup: turnkey

Ownership model: semi-absentee

Asking price: $888,000

Financial information

Annual revenue: more than $1.2 million

Seller's Discretionary Earnings: more than $400,000

Business growth: stated as steady

Customers

Active members: nearly 1,000

Membership base: established

Customer loyalty: stated as strong

Business reputation: stated as strong

Assets and investment

Renovations and equipment investment: approximately $800,000

Equipment: included in operating setup

Professional systems: in place

Operations

Owner involvement: semi-absentee

Operating systems: established

Business operations: established

Training and transition

Seller training: available

Post-closing transition support: available

Reason for sale

Reason for sale: family reasons

Further information

Private showings: by appointment only