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For Sale Health Club, Fitness Center In Cincinnati, Hamilton County, OH

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Contact: Jim Thomas at 800-929-2898, 214-629-7223 - Log In To Message/Email This Contact
Last Revised: 12/4/19. Posting #: 10249159
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Key Words: gym, gyms, fitness, fitness center, health club, athletic club, cincinatti, hamilton
Financial Info: Asking Price: $725,000. Rent: $24,400/month. Total cost of equipment is over $900K for both locations. Has capacity to have over 5,000 members. Building Size: 27,000 sq. ft. Two locations Colerain 27,000 sq. ft. & Sharonville 30,000 sq. ft. Lease for Colerain is $24,400 with rent starting in Feb.
Profile: Unique opportunity to acquire business with all the start up work done for you. With the busy selling season around the corner, this is an ideal acquisition for owner/operator or expanding company.

Two, large, full service health clubs available for less than the cost of the equipment.
The Colerain location is 27,000 square feet and has been open 10 months.
The Sharonville location is 30,000 square feet and has been open for one month.
Total cost of equipment is over $900K for both locations.
These clubs have the capacity to have over 5,000 members.
All the hard work has been done! All the finish out, lease negotiation, infrastructure, equipment purchasing, computer/billing systems and other myriad of start-up tasks has been done. A new owner can walk into a brand new operating business and just focus on building the membership.

The Owner has two other clubs that are over two hours away in a different city and he just doesn’t have the time or desire to travel to Cincinnati to supervise these clubs.

Detailed Information:
Location: Cincinnati, OH
Real Estate: Leased
Building Size: 27,000 sq. ft.
Employees: 14
Facilities: Two locations Colerain 27,000 sq. ft. & Sharonville 30,000 sq. ft. Lease for Colerain is $24,400 with rent starting in Jan. Monthly EFT draft is at $10K. Lease for Sharonville is $27,000 with rent starting in Feb.
Support & Training: Yes
Reason for Selling: Owner is two hours away and does not want to travel.

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Contact: Jim Thomas at 214-629-7223, 214-629-7223 (Cell)   Log In To Message/Email This Contributor
Profile: Jim Thomas is the well-known founder and president of Fitness Management USA Inc., a management consulting, turnaround and brokerage firm specializing in the fitness, health club, and sports industry throughout the United States.
Key Words: jim thomas, fitness management & consulting, gyms for sale, business broker, business valuation, due diligence, consulting, fitness, gym, interval training, health club, athletic club, crossfit, dallas, collins, washington dc, marion, hillsborough, portland, multnomah, anna, prescott valley, yavapai, guliford, cicero, kings, leadville, lake, celina, raliegh, durham, clifton park, saratoga, cincinatti, hamilton
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Contact: David Didion at 571-989-6375   Log In To Message/Email This Contributor
Profile: We sell boutique gyms to national fitness center chains. The American Gym Trader Difference: We pride ourselves on being there for gym owners, because we used to be in their shoes! Our team spent more than two decades in the fitness industry, owning a gym just like you do.
Key Words: david didion, american gym trader, business broker, consulting, business valuation, gym, fitness, rockwall
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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Contact: David Richman at 860-408-9177   Log In To Message/Email This Contributor
Profile: Deal Team was founded with a mission to provide breakthrough professional business brokerage services to small and mid-size businesses. Our professional and practical approach to business sales brings a level of service to middle-market businesses that is regularly experienced by larger companies.
Key Words: david richman, richman business brokers, business broker, business intermediary, valuation, business valuation, consultant, fitness, manufacturing, machine, appliance, pet containment, pet, pets, locksmith, locks, cleaning, detailing, grocery, entertainment, family entertainment, metal, sheet metal, manufacturing, drilling, new haven, litchfield, farmington valley, hartford,
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
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Key Words: broker, brokers, business broker, business brokers, broker fee, escrow, listing contract, negotiation, business for sale listing, up-front fees, broker cooperation, brokerage, seller, business owner, jordan green
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