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Newer National Franchise Fitness Center in Cumberland County, NC

Listing No: 993906 | Category: Fitness | City: | County: Cumberland | State/Prov: North Carolina

Photo of 993906

Business Price:
$395,000


Down:
$59,250


Gross Revenue:
$477,489


Owner Benefit:
$168,285


EBITDA:
$136,285

Business Description

Since opening in 2018, this National Franchise Fitness Center has quickly developed and grown revenue streams from both memberships and personal training. Annualized revenue for 2019 is estimated to be $477k with Owner Benefit of $168k. All of the newer, well-maintained strength and cardio equipment is generously included in the purchase price. The seller is confident in the future of this business 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 own your own business and join one of the world’s largest fitness franchises.
  • Inventory: $0
  • FF & E: $250,000
  • Seller Financing Available: $19,750 - 60 MONTHS - 8.00%
  • Lease Total/month: $12,000
    • 01) Base Rent/month: $10,500
    • 02) Triple Net/month: $1,500.00
      • 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: 6,000
  • Building Type: Strip Center
  • Terms & Options: 10 year base term; 2 5-year extension options; Expiration Date: 9/30/2028

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