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Franchise Fitness Center in Tarrant County, Texas

Listing No: 993599 | Category: Fitness | City: | County: Tarrant | State/Prov: Texas

Photo of 993599

Total Purchase Price:
$210,000


Down:
$31,500


Gross Revenue:
$276,887


Owner Benefit:
$98,313


EBITDA:
$73,313

Business Description

Great opportunity to purchase a highly-ranked, Nationally Branded Fitness Franchise in Tarrant County, TX. This 8-year old club is located in a high-traffic shopping center where the landlord recently committed $40k+ in building renovations. The business is fully-staffed to assist 800+ members, equipped with top of the line weight training 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: $150,000
  • Leasehold: $0
  • Lease Total/month: $7,836
    • 01) Base Rent/month: $5,667
    • 02) Triple Net/month: $2,169.09
      • 2a) Maintenance/month: $711
      • 2b) Insurance/month: $36
      • 2c) Property Taxes/month: $1,422
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0
  • Square Footage: 3984 sq/ft
  • Building Type: Shopping Center
  • Terms & Options: 11/28/16 signed five (5) year extension; Expiration Date: 11/16/2021

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