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Available franchises

Two (2) Rapidly-Growing National Franchise Fitness Centers in Cumberland County, NC

Listing No: 993904 | Category: Fitness | City: | County: Cumberland | State/Prov: North Carolina

Photo of 993904

Business Price:
$1,295,000


Down:
$200,000


Gross Revenue:
$1,106,986


Owner Benefit:
$399,583


EBITDA:
$399,583

Business Description

Opened in 2017 and 2018, these two clubs have quickly grown from the development of both membership and personal training revenue streams, with more room to grow! One location was ranked the #1 club in NC its first full year of operation! Combined annualized revenue is estimated to be over $1.1M with Owner Benefit of $399k. These clubs feature newer, top quality strength and cardio equipment, all of which is included in the purchase price. The seller is confident in the future of these clubs, and is willing to offer a seller's note to assist with a lender's required downpayment. Contact us now to learn more about this opportunity to join one of the world's largest fitness franchises.
  • Inventory: $0
  • FF & E: $575,000
  • Seller Financing Available: $64,750 - 60 MONTHS - 8.00%
  • Lease Total/month: $22,250
    • 01) Base Rent/month: $18,773
    • 02) Triple Net/month: $3,027.58
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $0
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $449
  • Square Footage: 5,234 / 6,000
  • Building Type: Strip Centers
  • Terms & Options: Two-5 year Options Extension ; Expiration Date: 6/1/2024

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