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Franchise Fitness Center for sale in Gwinnett County, GA

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

Photo of 993374

Price:
$275,000


Down:
$27,500


Gross Revenue:
$263,631


Owner Benefit:
$118,864


EBITDA:
$118,864

Business Description

This is a great opportunity for a new owner operator to take this 6-year-old National Franchise Fitness Center to the next level. Sales are trending higher in 2017 versus 2016. A new owner can renegotiate a new long term lease, further develop the personal training department and add to the existing 950 membership base. All equipment is included in the purchase price. This seller is confident in the future of this business and willing to offer a seller’s note to assist with the required down payment. Call today to join one of the world’s largest fitness franchises.
  • Inventory: $0
  • 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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