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Franchise Fitness Center in Jackson County, AL

Listing No: 993577 | Category: Fitness | City: | County: Jackson | State/Prov: Alabama

Photo of 993577

Business Price:
$379,000
Pending


Down:
$56,850


Gross Revenue:
$491,936


Owner Benefit:
$271,421


EBITDA:
$231,421

Business Description

SBA Financing Available! Established and profitable Franchise Fitness Center in Jackson County, Alabama. The current Owner has recent health complications and needs to retire. Opportunity for owner to expand memberships and grow personal training revenue stream. All of the well-maintained strength and cardio equipment is included in the purchase price. The seller is confident in the future of this business and is willing to offer a seller’s note to assist with the lender’s required downpayment. Contact us now to learn more about this exciting opportunity!
  • Inventory: $0
  • FF & E: $125,000
  • Seller Financing Available: $25,000 - 60 MONTHS - 8.00%
  • Lease Total/month: $4,200
    • 01) Base Rent/month: $4,200
    • 02) Triple Net/month: $0 - included
      • 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: 6,300
  • Building Type: Shopping Center
  • Terms & Options: Currently in 2nd 6-year renewal term.; Expiration Date: 9/30/2023

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