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Franchise Fitness Center for Sale in Genessee County, MI

Listing No: 993712 | Category: Fitness | City: | County: Genesse | State/Prov: Michigan

Photo of 993712

Business Price:
$299,000


Down:
$44,850


Gross Revenue:
$278,427


Owner Benefit:
$117,362


EBITDA:
$87,362

Business Description

Great opportunity to purchase a Nationally Branded Fitness Franchise in Genesse County, MI. This club is located in a high-traffic shopping center with a generous lease agreement already in place. The club is fully staffed to serve its 850+ 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: $1,000
  • FF & E: $75,000
  • Lease Total/month: $4,200
    • 01) Base Rent/month: $4,200
    • 02) Triple Net/month: N/A
      • 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: 4,650.00
  • Building Type: Retail Shopping Center
  • Terms & Options: N/A; Expiration Date: 3/20/2019

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