Tenant shall also purchase fitness business which is for sale by Landlord's business ownership group (Seller). The price of the business is $150,000.00 which includes all free weights which Seller purchase 1 year ago for $100k. Buyer will assume Equipment Lease for $2,700.00 per month for 4 years which includes all cardio equipment. There are currently 150 members that pay $40 per month membership fees. The business is currently growing at approximately 20 members per month. Buyer shall use a different name than is currently used for the business.
Listing courtesy of Listing Agent: JONATHAN KIETZER (jon@landmarkminnesota.com) from Listing Office: Landmark Real Estate.