Athletic Club looking for an equity partner or buy out.
This is an exceptional high end, 15,000 sq ft facility, located in the high growth area of Vaughan, Ontario, with all new state of the art equipment.
– Owner invested well over $1 million dollars in development. This includes many leasehold improvements, purchase of new most current equipment and marketing costs.
– Currently in operation with rapid early membership growth.
– Owner would prefer an equity partner to fund near term operations but also willing to sell at below total investment value.
– The equity partner could be actively involved in the business, managing finances and administration while the current owner would continue to manage the operations of the gym.
– The current owner would enter into a shareholders’ agreement with the equity partner to protect everyone’s interest.
– This transaction offers high return on investment for the right party.
120 Whitmore Road, Woodbridge, ON, Canada