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Available franchises

Franchise Fitness Centers (Multi-Unit)

Listing No: 993312 | Category: Fitness | City: | County: N/A | State/Prov: Ohio

Photo of 993312

Price:
$8,750,000
Pending


Down:
$1,000,000


Gross Revenue:
$10,991,190


Owner Benefit:
$2,139,832


EBITDA:
$2,039,832

Business Description

Company is a group of 21 franchised fitness centers located in the Midwest. They have continued to increase revenues at a rate of 29.8% over the last three years (their core business revenues increased 6.7%) with considerable continued growth potential. With an EBITDA of $1,994,703 and over 16,930 members, it allows investors to earn above market returns. The existing management will remain in place bringing continued stability to the business.
  • Inventory: $0
  • FF & E: $3,150,000
  • Leasehold: $0
  • Lease Total/month: $110,958
    • 01) Base Rent/month: $0
    • 02) Triple Net/month: N/A
      • 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: N/A
  • Building Type: N/A
  • Terms & Options: N/A; Expiration Date: missing

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