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Successful Fitness Franchise Vermilion County, IL

Listing No: 993587 | Category: Fitness | City: | County: Vermilion | State/Prov: Illinois

Photo of 993587

Business Price:
$305,000


Down:
$76,250


Gross Revenue:
$348,118


Owner Benefit:
$122,845


EBITDA:
$92,845

Business Description

This highly ranked, well-established, nationally branded franchise fitness center located in Vermilion County is a rare turnkey opportunity that won’t last long. This club maintains a strong 1,000+ 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. Contact us now to learn more about joining one of the world’s largest fitness franchises!
  • Inventory: $0
  • FF & E: $100,000
  • Lease Total/month: $6,795
    • 01) Base Rent/month: $4,698
    • 02) Triple Net/month: N/A
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $0
    • 03) Sales Taxes/month: $80
    • 04) Other (etc.)/month: $0
  • Square Footage: 4,510
  • Building Type: Retail Center
  • Terms & Options: 6 years, w/ two 5 year options; Expiration Date: missing

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