Call us today 877-557-0222


Available franchises

Franchise Fitness Center in Indian River County, FL

Listing No: 993277 | Category: Fitness | City: | County: Indian River | State/Prov: Florida

Photo of 993277

Business Price:
$699,000


Down:
$104,850


Gross Revenue:
$564,703


Owner Benefit:
$247,032


EBITDA:
$217,032

Business Description

This is a great opportunity to purchase a well-established National Franchise Fitness Center located in Indian River County, FL. This club has been in existence for 10 years and has a continuously growing membership base of 1,900+ members. Sales have remained solid year after year. The club’s cardio and strength equipment is new, top quality, Life Fitness and Hammer Strength brands. All equipment is generously 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. After the sale, the seller is willing to offer two months of training. Contact us now to learn more about joining one of the world’s largest fitness franchises!
  • Inventory: $600
  • FF & E: $150,000
  • Seller Financing Available: $60,000 - 24 MONTHS - 8.00%
  • Lease Total/month: $11,567
    • 01) Base Rent/month: $8,225
    • 02) Triple Net/month: $3,342
      • 2a) Maintenance/month: $2,585
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $181
    • 03) Sales Taxes/month: $576
    • 04) Other (etc.)/month: $0
  • Square Footage: 6000
  • Building Type: Retail Center
  • Terms & Options: 7 years plus Two 5 year renewal option; Expiration Date: 11/30/2024

INQUIRE ON THIS BUSINESS


Please verify you are a real person by typing the letters in the image above in the field below.

Enter letters above:  

Contact us today to learn how we can help you!