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Fitness Franchise In Isle of Wight, VA

Listing No: 993574 | Category: Fitness | City: | County: Isle of Wight | State/Prov: Virginia

Photo of 993574

Total Purchase Price:
$349,000


Down:
$39,900


Gross Revenue:
$375,217


Owner Benefit:
$167,612


EBITDA:
$137,612

Business Description

This well-established nationally branded fitness franchise is located in Isle of Wight County, VA. This exceptional club has been in operation for 10 years now and is located on a side of town that is experiencing strong economic growth. There is huge opportunity for a new owner to implement the already existing new franchise training programs to further drive membership growth. All of the top-quality fitness equipment is generously included in the sales price. The current owner is confident in the future of this business and is offering some seller financing to assist a new owner with a bank’s down payment requirements. Contact us now to learn more about this business opportunity!
  • Inventory: $0
  • FF & E: $100,000
  • Leasehold: $0
  • Lease Total/month: $9,720
    • 01) Base Rent/month: $7,147
    • 02) Triple Net/month: 2,573
      • 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: 4,084
  • Building Type: Retail Center
  • Terms & Options: N/A; Expiration Date: 1/31/2019

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