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Fitness Franchise In Gwinnett County, GA

Listing No: 993374 | Category: Fitness | City: | County: Gwinnett | State/Prov: Georgia

Photo of 993374

Total Purchase Price:
$150,000


Down:
$27,500


Gross Revenue:
$262,831


Owner Benefit:
$122,834


EBITDA:
$87,834

Business Description

This club is well established, fully staffed, and poised for future growth. A new owner can build on the existing strong membership base and grow the personal training department. A majority of the high-end gym equipment was recently upgraded, including all new cardio equipment. The seller is confident in the future of this business and is willing to offer a seller’s note to assist with the required down payment. Call today to find out how you can join one of the world’s largest fitness franchises.
  • Inventory: $789
  • FF & E: $100,000
  • Leasehold: $27,100
  • Lease Total/month: $8,109
    • 01) Base Rent/month: $6,098
    • 02) Triple Net/month: $1,911
      • 2a) Maintenance/month: $1,215
      • 2b) Insurance/month: $323
      • 2c) Property Taxes/month: $373
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0
  • Square Footage: 5420
  • Building Type: Brick
  • Terms & Options: N/A; Expiration Date: 1/31/2017

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