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766 N SUN DRIVE, Lake Mary, FL 32746

$225,000
Commercial Property MLS# O5531147 ID: 47263841
$225,000 Get Rates

Office - LAKE MARY, FL
LAKE MARY BEAUTIFUL HIGH-END FITNESS STUDIO FOR SALE - Private training studio is located in leased space on third floor of Class A office building with easy access just off Lake Mary Boulevard. Studio has building signage and good night visibility via large wrap-around windows. Studio is spacious and open, beautifully finished, and fully equipped to accommodate small group training and/or multiple trainers. Profitable established business features include: studio charges highest rates in area, does not offer packages or discounts of any kind, has very high client retention and longstanding relationships, has extremely low historical non-collection rate of 0.08%, and is located in close proximity to an ideal demographic pool in the Markham Woods Road corridor. Run by the owner as a part-time business and advertised almost exclusively via word of mouth, studio generated five year average sales of $150,000 and five year average cash flow of $80,000. New owner could make significantly more money training clients for more hours a week, shifting client mix toward more small groups, bringing in multiple trainers, and/or opening the studio to a small, exclusive membership. FF&E includes studio buildout (large bathroom, kitchen, front desk area), high-end fixtures and furnishings, and top quality fitness equipment. Current owner is available to help new owner in the transition. Recreating a similar studio space in 2018 would take many months and cost more than the sale price for the whole business!

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Location Information near 766 N SUN DRIVE
Offered by Scott Butts at RE/MAX 200 Realty

Would you like more information regarding this property?
Please call (407) 629-6330.

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Property Features for 766 N SUN DRIVE
Status
Market Status
Available
Last Updated
April 22, 2018
Description
Property Type
Commercial Property
Year Built
2007
Approx. Lot Size
0.01 Acres
Sq. Feet
2,681

Building Features

  • Central Air

Interior Features

  • Floors: Concrete; Vinyl

Legal/Financial

  • Taxes: 6856 (2017)

Listing Features

  • Property Type: Commercial; Office

Data Provided by My Florida Regional MLS

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More information about this $225,000 Commercial Property at 766 N SUN DRIVE

This $225,000 Commercial Property at 766 N SUN DRIVE in Lake Mary, FL is offered by Scott Butts. This $225,000 Commercial Property, located in the 32746 zip code, has the following property features: Floors, Central Air, Property Type, Taxes. This 766 N SUN DRIVE Commercial Property, located in Seminole County , is listed under MLS listing number O5531147 and has a listing price of $225,000. You can find more LAKE MARY homes for sale here.