Fitness Ctr Worcester, MA 01601
- Retail properties
- 24,750 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Fitness Ctr
- Property size
- 24,750 SF
- Property type
- Retail properties
Description
This exceptional fitness center presents a lucrative investment opportunity in Worcester, Massachusetts. Located at [Address withheld for privacy], this 24,750 square foot retail property is currently operating at 100% occupancy under a Triple Net Lease (NNN). The asking price is $180,000. The business itself boasts a strong reputation within the community, having served its members for an extended period. The facility offers a comprehensive range of fitness equipment, a diverse weekly class schedule encompassing various activities, and the convenience of 24-hour access. Included in the sale are the existing fitness equipment and furnishings (FF&E). The current staffing model includes two W-2 employees and two 1099 independent contractors, supplemented by nine contracted trainers. Support and training for the new owner will be determined upon sale. The property is situated in Worcester County, MA, zip code 01601, and benefits from limited competition within the local market. This turnkey operation offers immediate income generation and significant potential for future growth. Financial details and further information are available upon request. This is a rare opportunity to acquire a well-established and profitable fitness center in a desirable location. Serious inquiries only.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8
- Latitude
- 42.26