| Club Type: |
Tennis Club |
| Asking Price: |
3,200,000 |
| Location: |
MID WEST |
| Headline: |
Possible SBA assumable loan in the amount of $1.5 million, with possible additional seller financing for qualified buyer. |
| Description: |
Strategically located, mature stabilized business with excellent cash flow. The main club is 65,000 square feet under roof, exceptionally well maintained, has a well trained staff, and strong community relationship. The second club is 12,000 square feet and is fitness only with great programming and reciprocity to the large club. |
| Market: |
Located in highly desirable well established city, with excellent population base and medium to high HH income.
Barrier to entry for new club of this size with tennis, is cost prohibited to competition. The state and community are located in an oil & gas backed economy. Unemployment is typically 50% lower than the national average.
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| Lease or Real Estate: |
INCLUDES REAL ESTATE WITH 65,000 SQUARE FEET OF IMPROVEMENT UNDER ROOF. SECOND LOCATION IS LEASEHOLD AND IS 12,000 SQUARE FEET. |
Adj. Net Profit/
Discretionary Cash: |
$400,000 annual EBTIDA, with audited financial's. |
Club Features:
| Add. Tenant (leased space) | Free Weights | Business Conference Room (for members) | Kick Boxing |
| Dry Sauna | Pool-Indoor | Hotel Affiliated | Women Only Section |
| Steam Room | Tennis-Indoor | Variable Resistance | Massage |
| Aerobics | Group Cycling | Cardio-Vascular | Software (ASF) |
| Fitness Center | Pro Shop | Juice Bar (in-house) | Yoga |
| Pilates | Towel Service | Whirlpool/ jaccuzi | Driving Range |
| Tanning | Bootcamp | Child Care | Personal Training |
| Aquatic Exercise | Racquetball | Wi Fi (internet use for members) | |
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