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Available franchises

Profitable Fitness Center in Brighton, MI

Listing No: 993034 | Category: Fitness | City: Brighton | County: | State/Prov: Michigan

Photo of 993034

Total Purchase Price:
$430,000
Pending


Down:
$43,000


Gross Revenue:
$408,987


Owner Benefit:
$155,207


EBITDA:
$132,813

Business Description

This is a rare opportunity to purchase a well-established, turnkey, nationally known fitness franchise for sale in beautiful Brighton MI. This facility is fully staffed with tenured employees and a culture of putting the clients first with the highest levels of customer service. The club has over 600 members and has a respectable level personal training revenue. A generous lease agreement is already in place and all of the equipment is included in the purchase price. The seller is confident that a new owner can take this club to the next level and is willing to hold a seller’s note to assist with a bank’s required down payment. Contact us today to learn how you can fulfill your business and fitness dreams!
  • Inventory: $150
  • FF & E: $180,000
  • Leasehold: $0
  • Lease Total/month: $6,203
    • 01) Base Rent/month: $4,062
    • 02) Triple Net/month: $2,141
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $514
      • 2c) Property Taxes/month: $0
    • 03) Sales Taxes/month: $12
    • 04) Other (etc.)/month: $0
  • Square Footage: 5400
  • Building Type: N/A
  • Terms & Options: One 5 year option; Expiration Date: 7/1/2022

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