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Multi-Unit Franchise Fitness Centers for Sale in Iowa

Listing No: 993598 | Category: Fitness | City: | County: | State/Prov: Iowa

Photo of 993598

Total Purchase Price:
$799,000


Down:
$83,677


Gross Revenue:
$1,017,570


Owner Benefit:
$283,439


EBITDA:
$258,439

Business Description

Great opportunity to purchase four well-established Nationally Branded Fitness Franchise Club in Iowa. All four clubs are conveniently located within a 30-mile radius, in high-traffic shopping centers with generous lease agreements already in place. The clubs are fully-staffed and equipped with top of the line weight training equipment and cardio machines, all of which are included in the purchase price. The business owner is confident in the future of this business and is willing to hold a seller note to assist with a lender required down payment. New owner-operator can step in and immediately grow this business through marketing and expanding the personal training departments. Contact us now to learn more about joining one of the world’s largest fitness franchises!
  • Inventory: $0
  • FF & E: $360,000
  • Leasehold: $0
  • Lease Total/month: $27,458
    • 01) Base Rent/month: $25,868
    • 02) Triple Net/month: N/A
      • 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: N/A
  • Building Type: N/A
  • Terms & Options: N/A; Expiration Date: missing

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