Buy a Business

Restaurant and Concession Health Club For Sale

Details: Asking price:$175,000; Sales revenue:$450,000; Net profit:$100,000; Fixtures value:$40,000; Inventory value:$4,000

Business description: Two facilities. One is an outdoor concession for the summer (Does $200k in less than 90 days) plus a small restaurant inside one of the largest health clubs in New England. Totally captive market. Also sells beer and wine in the outdoor concession.

General information: Years established:3; Employees: 12; Trading hours: Varied; Real Estate:; Lease terms:10 year lease. Pay a % of sales to the health club, which includes alot of the expenses of running the operation; Location:Located inside and outside one of the largest health clubs in New England.; Expansion potential:Can expand the facility inside the club; Competition / Market:None. Totally captive market; Support & training:Seller will provide training; Reasons for selling:Health issues; Financing available?to be negotiated