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Available franchises

Growing Franchise Fitness Center in Cumberland County, ME

Listing No: 993805 | Category: Fitness | City: | County: Cumberland | State/Prov: Maine

Photo of 993805

Business Price:
$399,000


Down:
$39,900


Gross Revenue:
$446,002


Owner Benefit:
$136,715


EBITDA:
$74,675

Business Description

Excellent opportunity to purchase a growing franchise fitness center in Cumberland County, Maine. A new owner can continue the upward trend in revenue by growing memberships and expanding personal training revenue streams. All of the well maintained strength and cardio equipment is generously included in the purchase price. The seller is confident in the future success of the business and is willing to offer a seller note to assist with a lender's down payment requirements. Contact us now to learn more about this exciting opportunity!
  • Inventory: $0
  • FF & E: $150,000
  • Seller Financing Available: $39,900 - 60 MONTHS - 8.00%
  • Lease Total/month: $9,456
    • 01) Base Rent/month: $7,475
    • 02) Triple Net/month: $1,981
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $0
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0
  • Square Footage: 6900
  • Building Type: Shopping Center / Strip Mall
  • Terms & Options: 10 year term; one (1) 5 year option; Expiration Date: 9/1/2025

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