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Available franchises

Franchise Fitness Center in Allegheny County, PA

Listing No: 993539 | Category: Fitness | City: | County: Allegheny | State/Prov: Pennsylvania

Photo of 993539

Business Price:
$760,000


Down:
$111,000


Gross Revenue:
$429,138


Owner Benefit:
$245,298


EBITDA:
$215,298

Business Description

Great opportunity to purchase a Nationally Branded Fitness Franchise in Allegheny County, PA. Located in a high traffic shopping plaza anchored by one of the world’s largest wholesale warehouse clubs. This business is fully staffed to serve it’s 800+ members and is equipped with top of the line weight training equipment and cardio machines, all of which are included in the purchase price. The business owner is confident in the future of this business and is willing to hold a seller note to assist with a lender required down payment. Contact us now to learn more about joining one of the world’s largest fitness franchises!
  • Inventory: $0
  • FF & E: $100,000
  • Seller Financing Available: $37,000 - 60 MONTHS - 10.00%
  • Lease Total/month: $12,739
    • 01) Base Rent/month: $9,813
    • 02) Triple Net/month: $1,105.47
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $58
      • 2c) Property Taxes/month: $1,762
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0
  • Square Footage: 6,400
  • Building Type: Retail Strip Center
  • Terms & Options: One 5 year option; Expiration Date: 9/1/2023

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