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BUSINESS FOR SALE DETAIL INFORMATION

GOOD TIMES FITNESS CENTER

Asking Price: $250,000 Status: Active
Business Type: Services - Other Service Business, Services - Other Service Business Listing #: 20049
Business Location: 145 South 4th St, Hebron, Nebraska 68370, Thayer County

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Annual Income Information Labor Information
Gross Sales: $49,337 Full-Time Employee: 1
Cash Flow Part-Time Employee: 0

Business Detail Information Lease Information
Form of Ownership: Corporation Leased SqFt: 4,682 SF
Year Established: 1983 Rent /Month (Include NNN):
Accounting Info(years): 7 Lease Exp.Date:
Franchise: No Original Lease (# of yrs):
Liquor License: No Lease Left (# of yrs):
Seating Available(#): Lease Option (# of yrs):
Parking Space(#): Lease Renewable:
Hours of Operation: Open 7 Days. 5:20 am-11:20 pm (Also has card-operated system) Lease Transferable:
  Rent Increase:

Price Description Financial Information
Real Estate Included: Yes Seller Cash Out:
Real Estate Value: Seller Term Available:
Fixture & Eqmt Included: Yes Financing Amount:
Fixture & Equipment Value: $100,000 Financing Years(#):
Inventory Included: Yes Annual Interest Rate:
Inventory Value: $22,694 Min. Down Requested:

Training Available : Yes Broker Co-op: No
Viewing Instruction: Please call before viewing
Business Description
Good Times Fitness Center is located at 145 South 4th, Hebron, Nebraska, on well-traveled U.S. Hwy 81. This fitness center was built in 1983 and has had the same owner all 25 years in business. It has a new roof, new siding and newly painted. Two regulation-size racquetball courts, two jaccuzzis, two tanning beds, Nautilus machines, free weights, M/W bathrooms-showers, washer/dryer and retail area. Card-operated system. Electric Heat. It is a non-franchise business; new owner would not have restrictions that often come with franchise fitness businesses. There is a well-established membership base and with a concentrated promotion of facility there is a great potential for increased memberships. This is the only fitness center of its type within 100 miles. Also ethanol plant being built ten miles from Hebron. Will employ approximately 75 people.

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