Gym That Offers Passive Income Expected Surplus of $80,000 To The Hands-Off Owner

The owner wants results and says 'present all offers'. After 20 years in fitness, the owner is ready for a change and keen to move on to another challenge. His confidence in the business is such that he will consider financing the right person into the business. Businesses like this, where good profits are realised without the daily involvement of the owner, are hard to find. Systems and staff are in place so that the gym operates with only very high level administrative input from the owner. There is the opportunity to continue running the business as is and have your time to yourself to pursue other opportunities (or go to the beach). Alternatively, you may see benefits in reducing operating expenses by working in the gym and enjoy greater profitability. Based on year to date financial performance the current owner expects to enjoy a annual cash surplus of close to $80,000 or more. The location is excellent with local growth and limited competition and the equipment is of high quality.