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Franchise Fitness Center for Sale in Johnson County, IA

Listing No: 993596 | Category: Fitness | City: | County: Johnson | State/Prov: Iowa

Photo of 993596

Total Purchase Price:
$99,000


Down:
$15,700


Gross Revenue:
$204,284


Owner Benefit:
$82,862


EBITDA:
$57,862

Business Description

Great opportunity to purchase a well-established Nationally Branded Fitness Franchise in Johnson County, IA. This 11-year old club is located in a busy shopping complex with plentiful parking. The business is well-staffed and equipped with top of the line weight training equipment and cardio machines, all of which are 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!
  • Inventory: $0
  • FF & E: $90,000
  • Leasehold: $0
  • Lease Total/month: $6,500
    • 01) Base Rent/month: $0
    • 02) Triple Net/month: Included in rent
      • 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: 4,401
  • Building Type: N/A
  • Terms & Options: 5 year option October 1, 2019 . Increase to $6,850/mo; Expiration Date: 10/1/2024

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