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Multi-Unit Fitness Franchise Opportunity in Genesee County, MI

Listing No: 993516 | Category: Fitness | City: | County: Genesee | State/Prov: Michigan

Photo of 993516

Price:
$1,295,000


Down:
$195,000


Gross Revenue:
$812,050


Owner Benefit:
$325,203


EBITDA:
$285,203

Business Description

Take advantage of this exceptional opportunity to purchase three profitable Nationally Branded Franchise Fitness Clubs located in Genesee County, MI. These clubs are conveniently located within a 10-mile radius of each other and in close proximity to the I-69 corridor. All three clubs are located in shopping centers with a Kroger grocery store, have been in operation for over 7 years, and have revenues trending upward in 2018. They are fully staffed and outfitted with the highest quality equipment, including brand new treadmills. All equipment is included in the sales price and generous lease agreements are already in place. Contact us today to learn more about this attractive turnkey opportunity.
  • Inventory: $0
  • FF & E: $380,000
  • Leasehold: $0
  • Lease Total/month: $17,972
    • 01) Base Rent/month: $14,874
    • 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: 14783
  • Building Type: N/A
  • Terms & Options: N/A; Expiration Date: missing

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