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Established and Profitable National Fitness Franchise in Spokane County, WA

Listing No: 993919 | Category: Fitness | City: | County: Spokane | State/Prov: Washington

Photo of 993919

Business Price:
$250,000


Down:
$37,500


Gross Revenue:
$278,323


Owner Benefit:
$101,784


EBITDA:
$69,784

Business Description

This profitable center has been established 12 years, with sales holding strong over $275K and owner benefit of $101K. Opportunity for new owner to enhance revenue streams from personal training services. All of the 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 join one of the world’s largest fitness franchises!
  • Inventory: $1,000
  • FF & E: $140,000
  • Seller Financing Available: $25,000 - 60 MONTHS - 8.00%
  • Lease Total/month: $6,365
    • 01) Base Rent/month: $6,365
    • 02) Triple Net/month: $0
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $215
      • 2c) Property Taxes/month: $0
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0
  • Square Footage: 4,300
  • Building Type: Professional center
  • Terms & Options: 5 year base term with option to extend additional 5 years; Expiration Date: 3/31/2021

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