| Asking Price |
325,000 | Inventory |
50,000 |
|---|---|---|---|
| Gross Income |
715,000 | Real Estate |
0** |
| Cash Flow |
200,000 | Year Established | 1991 |
| FF&E |
5000* | Employees | 1.5 |
* included in the asking price
** not included in the asking price
Big Fitness is selling its retail location in Seekonk MA. It is located right on busy Rt 6 across the street from Dicks Sporting Goods and has been open there for 7 years. The company has been moving in a different business direction and wants to concentrate on Internet and catalog sales. That particular store profits every year and would be a great fit for a chain or individual user. We have all the top lines to sell including Precor, Star Trac, Landice, Body Solid, BodyCraft, Vision and Life Fitness. 7 Years of customers are included plus a ton of Good Will. There is no debt involved the owner is willing to do some in house financing. If you keep the name BigFitness you will also get free advertising from our website which includes links to the retail stores. We do very little advertising, the margins on equipment are very high and the expenses are very reasonable. Leases are transferable and there is extra space that can be rented for warehousing in the same building. Financial s available upon request to qualified buyers
Facilities: 4000 Square Feet retail showroom. Signage on Rt 6 and Off Rt 195 with sign and Flag. Located next to a Personal Training Gym and accross from Dicks Sporting Goods
Competition: Pro's.: Located in one of the top income areas in RI. Great location, Sell all the top preferred equipment lines. Sales will rise when the economy changes to at least 1million per year.
Growth/Expansion: You have the opportunity to open other locations.
Financing: Will finance up to 50% of sales price to qualified buyer over 5 years
Support/Training: Yes training is available by current employee.
Reason Selling: Concentrating on other busnesses
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