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Available franchises

Multi-Unit Fitness Franchise In Plymouth, MN

Listing No: 993694 | Category: Fitness | City: | County: Hennepin | State/Prov: Minnesota

Photo of 993694

Business Price:
$1,100,000


Down:
$118,000


Gross Revenue:
$900,123


Owner Benefit:
$343,477


EBITDA:
$287,977

Business Description

Package deal consisting of two profitable nationally branded franchise fitness centers located in beautiful Plymouth, MN. Both clubs are staffed and equipped for continued success. The clubs combined have nearly 1,300 members. All of the top-quality fitness equipment has been meticulously maintained and is generously included in the sales price. The current owner is confident in the future of the business and is willing to offer some seller financing to assist with a new buyer’s required bank down payment. Contact us now to learn more about this attractive turnkey opportunity!
  • Inventory: $1,000
  • FF & E: $220,000
  • Seller Financing Available: $110,000 - 60 MONTHS - 8.00%
  • Lease Total/month: $19,020
    • 01) Base Rent/month: $13,052
    • 02) Triple Net/month: $5,968
      • 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: 11,266 combined
  • Building Type: Retail Center(s)
  • Terms & Options: N/A; Expiration Date: missing

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