Health & Fitness Centre

Business Opportunity for Sale
Catylist Listing ID: 30282930
Property Subtypes: Health and Medical
Building Size (RSF): 14,000 SF
Sale Price: $4,380,000
Name of Establishment: Lifestyle Health & Fitness Centre
Business Website Address:
Year Business Established: 2004
Gross Revenue: $728,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Share Sale of two companies. One owns the business assets and the other land and building.
Last Updated: 10/3/2018

Overview / Comments

BUSINESS WITH LAND & BUILDING - Strategically located in Hammond Bay area surrounded residential properties, businesses and offices with quick easy access to various sectors of the city. SERVICES INCLUDE - Fully equipped gym / 55-foot swimming pool / Steam room and dry saunas / Tanning / Smoothie bar. In addition to the services, there are Aerobics / Spin / Yoga & Pool-based CLASSES. The second level of the building is dedicated to the LADIES ONLY AREA. A quiet haven for women who wish to complete their workouts in a more private setting without sacrificing the use of top-quality equipment. CHILDCARE SERVICE is offered Monday through Thursday both morning and evening as well as Saturdays in kids zone. VISIT for further information.

Additional Details

Nearest CMA: Nanaimo
Regional District: Nanaimo
Industry Segment: Health Clubs and Spas
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Employee/Labor Description: 13 employees in total; 9 part-time and 4 full-time including an operating manager. The fitness classes are subcontracted to the trainers.
Mgmt/Training Support Description: Full time operating manager.
Competition/Market Description: There are quite a few smaller gyms and franchises in Nanaimo. The subject business is the largest independent one in the area.
Seller Financing Description: Open to discussion based on a buyer's financial/credit strength and business plan.

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Photograph of Listing Agent

Moe Lessan

Personal Real Estate Corporation
Aedis Realty Limited, Nanaimo
Not a member of Commercial First
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