Indoor Recreation, Fitness and Sports Centre for Sale

Listing ID:
OTTAWON001-N1372

Eastern Ontario, Ontario, Canada

Fitness and Recreational Sports Centers

Listing Status: Active

Sunbelt of Ottawa

Phone: (613) 731-9140 or 1-800-905-3557
Fax: (613) 526-0997

The following broker is assigned to this listing:

Chris Skowronski

chriss@sunbeltcanada.com
Cell: 613.282.0125

Description

ON HOLD. Very profitable indoor recreation and fitness business is for sale in Ontario. It has diverse clientele of all ages and is part of a global trend. The company enjoys an expanding marketplace with significant amount of opportunity to grow its niche business as demand for healthy after-hours activities is on the rise. Loyal, dedicated and passionate staff. Excellent location, business operates in a great area of the city with exposure to major thoroughfares. Suitable for absentee ownership or investors - very low owner dependency, trained management will stay with the new owner. Some financing and plenty of training will be provided by the current owner to ensure a smooth transition. For more information on this exciting business acquisition opportunity please contact: Chris Skowronski at Sunbelt Business Brokers Ottawa, direct: 613-282-0125; office: 613-731-9140 ext. 244; email: ChrisS@sunbeltcanada.com

Financials

Asking Price:$2,680,000
Revenue:$2,709,237
Cash Flow:$711,660
Downpayment:$2,480,000
Monthly Payroll: ON REQUEST
FF&E Asking Price:$1,419,850 (Included in Asking Price)
Inventory Asking Price:$161,841 (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:28000 sq ft

Other

Franchise?Yes
Homebased?No
Relocatable?No
Year Established:2012
Year Acquired:2012
Full-Time Employees:3
Part-Time Employees:57
Reason For Sale:Other Business Interests.