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Fitness Center Franchise for Sale in Lee County, NC

Listing No: 993689 | Category: Fitness | City: | County: Lee | State/Prov: North Carolina

Photo of 993689

Total Purchase Price:
$799,000


Down:
$210,000


Gross Revenue:
$880,437


Owner Benefit:
$562,194


EBITDA:
$527,194

Business Description

Great opportunity to purchase a Top-Ranked, Nationally Branded Fitness Franchise in Lee County, NC. In five years of business, this club ranks in the top 8% of their peers. It is located in a high-traffic shopping center anchored by a well-established grocery chain. The club is fully staffed to serve its 1,600 members and is equipped with top of the line weight training equipment and cardio machines, all of which are included in the purchase price. A new owner will be well positioned for future success with this club. Contact us now to learn more about joining one of the world’s largest fitness franchises!
  • Inventory: $2,000
  • FF & E: $230,000
  • Leasehold: $290,000
  • Lease Total/month: $7,627
    • 01) Base Rent/month: $6,066
    • 02) Triple Net/month: 1,561
      • 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: 7,400
  • Building Type: Retail Shopping Center
  • Terms & Options: 6 years plus 5-year option; Expiration Date: 1/31/2022

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