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Profitable and Growing Fitness Franchise in Brazoria County, TX

Listing No: 993939 | Category: Fitness | City: | County: Brazoria | State/Prov: Texas

Photo of 993939

Business Price:
$550,000


Down:
$110,000


Gross Revenue:
$558,025


Owner Benefit:
$211,786


EBITDA:
$171,786

Business Description

Newer National Franchise Fitness Center available in Brazoria County, TX. Revenue is projected to be over $550K in 2019 with Owner Benefit over $210K. There is opportunity for a new owner to take this club to the next level by expanding both membership and personal training revenue streams. All of the well-maintained strength and cardio equipment is 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 down payment. Contact us now to learn more about this exciting opportunity to join one of the world's largest fitness franchises!
  • Inventory: $0
  • FF & E: $130,000
  • Seller Financing Available: $55,000 - 60 MONTHS - 8.00%
  • Lease Total/month: $11,250
    • 01) Base Rent/month: $8,625
    • 02) Triple Net/month: $2,625.00
      • 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: 4,500
  • Building Type: Strip Center
  • Terms & Options: 6 year base term; 1 5-year option; Expiration Date: 10/1/2023

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