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BUSINESS FOR SALE - Detail Information
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| Contact Information |
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Stu Curtis
Murphy Brokers
24 W 8th St
Panama City, Florida 32401
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| Office: | 850-747-0662 |
| Fax: | 877-456-6793 |
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| Land and Health Club |
Listing id: 19820 |
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Active |
Panama City, Florida 32401
Bay County
| Price: $650,000
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| Type: Entertainment and Leisure
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| Business Detail Information
| Lease Information
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| Form of Ownership:
| Sole Proprietorship
| Leased SqFt:
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| Year Established:
| 1974
| Rent (Include NNN):
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| Accounting Info(years):
| 3
| Lease Exp.Date:
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| Franchise:
| No
| Original Lease (# of yrs):
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| Liquor License:
| No
| Lease Left (# of yrs):
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| Seating Available(#):
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| Lease Option (# of yrs):
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| Parking Space(#):
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| Lease Renewable:
| No
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| Training Available:
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| Lease Transferable:
| No
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| Viewing Instruction:
| Please call before viewing
| Rent Increase:
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| Hours of Operation:
| M-TH 6am-9pm, F 6am-8pm, Sat 9am-4pm, Sun 1pm-5pm
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| Price Description
| Financial Information
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| Real Estate Included:
| Yes
| Seller Cash Out:
| No
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| Real Estate Value:
| $750,000
| Seller Term Available:
| Yes
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| Fixture & Eqmt Included:
| Yes
| Financing Amount:
| $150,000
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| Fixture & Equipment Value:
| $77,605
| Financing Years(#):
| 7 yrs
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| Inventory Included:
| No
| Annual Interest Rate:
| 8.87 %
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| Inventory Value:
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| Min. Down Requested:
| $600,000
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| Annual Income Information
| Labor Information |
| Gross Sales:
| $180,605
| Full-Time Labor(#):
| 2
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| Cash Flow
| $80,141
| Part-Time Labor(#):
| 5
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| Business Description |
| Super opportunity - Real Estate, and turn key Business. Concrete beams supporting roof. New roof 1996-97. Block and Stone structure inside. 40% EFT, Q-1 2006 income, 37,402. Amenities include: Lap Pool, Sauna, steam room, Jacuzzi, 20+ Years in Business. Also, Curves room, two tanning rooms, massage therapy room, weight room, and 24 hour access free weight room. Equipment maintained. Video security. New heaters installed in 2005. Please return the attached standard NDA at www.murphypc.com/nda for more information.
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