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Profitable and Growing National Franchise Fitness Center in Polk County, FL

Listing No: 993656 | Category: Fitness | City: | County: Polk | State/Prov: Florida

Photo of 993656

Business Price:
$299,000


Down:
$44,850


Gross Revenue:
$429,013


Owner Benefit:
$155,767


EBITDA:
$119,767

Business Description

Six year-old National Franchise Fitness Center located in a high-traffic shopping plaza in Polk County, FL. With revenue holding strong over $425K and owner benefit of $155K, this established center presents a great opportunity for a new owner to grow both existing memberships and personal training revenue streams. The seller is confident in the future of this business and is willing to offer a seller’s note to assist the buyer with a lender’s required downpayment. Contact us now to learn more about joining one of the world’s largest fitness franchises.
  • Inventory: $2,500
  • FF & E: $90,000
  • Seller Financing Available: $29,900 - 60 MONTHS - 8.00%
  • Lease Total/month: $9,237
    • 01) Base Rent/month: $6,386
    • 02) Triple Net/month: $2,850.78
      • 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: 4,800
  • Building Type: Shopping Center
  • Terms & Options: 3 year term at $6k/mo fixed base rent after 12/31/2019 expiration ; Expiration Date: 12/31/2019

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