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Fitness Franchise In McHenry County, IL

Listing No: 993652 | Category: Fitness | City: | County: McHenry | State/Prov: Illinois

Photo of 993652

Total Purchase Price:
$675,000


Down:
$100,000


Gross Revenue:
$391,713


Owner Benefit:
$218,000


EBITDA:
$183,000

Business Description

This well-established, 11-year-old, nationally branded franchise fitness center located in McHenry County, IL is a rare turnkey opportunity that won’t last long. The club maintains a strong 850+ membership base and the owner estimates that the business will finish 2018 with $218,000 in Owner Benefit/SDE. This facility is fully staffed and equipped with the highest quality gym equipment. All of the gym equipment has been meticulously maintained and is generously included in the sales price. There is a huge opportunity for a new owner to further develop the personal training offerings at this club. Contact us now to learn more about how you can fulfill your business and fitness dreams!
  • Inventory: $1,000
  • FF & E: $100,000
  • Leasehold: $0
  • Lease Total/month: $9,033
    • 01) Base Rent/month: $5,753
    • 02) Triple Net/month: $3,280
      • 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: 4989
  • Building Type: Retail Center
  • Terms & Options: 8 year lease; Expiration Date: 9/15/2025

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