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Profitable Fitness Franchise In Sumner County, TN

Listing No: 993620 | Category: Fitness | City: | County: Sumner | State/Prov: Tennessee

Photo of 993620

Total Purchase Price:
$750,000


Down:
$150,000


Gross Revenue:
$632,995


Owner Benefit:
$253,100


EBITDA:
$215,100

Business Description

This turnkey fitness club is well established and poised for future growth with a rapidly expanding surrounding residential community. The club maintains a strong 800+ membership base. It is fully staffed and equipped with the highest quality fitness equipment. All the meticulously maintained gym equipment is generously included in the sales price. There is a huge opportunity for a new owner to further grow personal training revenues. 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: $10,996
    • 01) Base Rent/month: $8,477
    • 02) Triple Net/month: $2,518
      • 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: 5984
  • Building Type: Retail Center
  • Terms & Options: 6 years, w/ two 5-year options; Expiration Date: 12/31/2018

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