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Franchise Fitness Center In Vermilion County, IL

Listing No: 993586 | Category: Fitness | City: | County: Vermilion | State/Prov: Illinois

Photo of 993586

Total Purchase Price:
$145,000


Down:
$145,000


Gross Revenue:
$256,630


Owner Benefit:
$72,547


EBITDA:
$42,547

Business Description

This well-established fitness franchise located in Vermilion County, IL has been in business for 3 years and is located on the growing side of town. The business is staffed to assist 800+ members. All of the fitness equipment is generously included in the purchase price. New owner-operator can step in and immediately grow the business through marketing and expanding the personal training department. Contact us now to learn more about joining one of the world’s largest fitness franchises! Contact us today to learn more about this opportunity!
  • Inventory: $0
  • FF & E: $125,000
  • Leasehold: $25,000
  • Lease Total/month: $5,834
    • 01) Base Rent/month: $5,250
    • 02) Triple Net/month: $584
      • 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: 6,000
  • Building Type: Retail Center
  • Terms & Options: 6 years, w/ two 5-year options; Expiration Date: 12/31/2021

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