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Available franchises

Franchise Fitness Center In Pierce County Washington

Listing No: 993445 | Category: Fitness | City: | County: Pierce | State/Prov: Washington

Photo of 993445

Price:
$1,300,000


Down:
$200,000


Gross Revenue:
$799,236


Owner Benefit:
$361,100


EBITDA:
$307,800

Business Description

This highly ranked, well-established, nationally branded franchise fitness center located in beautiful Pierce County is a rare turnkey opportunity that won’t last long. This club is ranked in the top five of over 2,000 other units within the franchise system and maintains a strong 1,200+ membership base. This facility is fully staffed and equipped with the highest quality fitness equipment. All equipment is generously included in the sales price and a lease agreement is already in place. This business has been lender pre-qualified. 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 now to learn more about joining one of the world’s largest fitness franchises!
  • Inventory: $1,500
  • Franchisor Transfer Fee: $5,000
  • FF & E: $250,000
  • Leasehold: $250,000
  • Lease Total/month: $17,262
    • 01) Base Rent/month: $12,860
    • 02) Triple Net/month: $4,402
      • 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: 7216
  • Building Type: N/A
  • Terms & Options: 5yr +5; Expiration Date: 7/31/2023

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