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Available franchises

Fitness Club In Henderson County, TN

Listing No: 993739 | Category: Fitness | City: | County: Henderson | State/Prov: Tennessee

Photo of 993739

Total Purchase Price:
$230,000
Pending


Down:
$35,500


Gross Revenue:
$346,649


Owner Benefit:
$100,616


EBITDA:
$65,616

Business Description

Great opportunity to purchase a well-established fitness business in Henderson County, TN. This club serves a thriving membership base of more than 1,000 members. This club is located in a high traffic retail area with a generous lease agreement already in place. The club is staffed and fully equipped with top of the line training equipment. All equipment is generously included in the sales price. Contact us now to take advantage of this exciting business opportunity
  • Inventory: $500
  • FF & E: $116,000
  • Leasehold: $140,000
  • Lease Total/month: $5,200
    • 01) Base Rent/month: $5,200
    • 02) Triple Net/month: included in base
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $61
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0
  • Square Footage: 5.200
  • Building Type: Retail Center
  • Terms & Options: One 5 year option; Expiration Date: 7/22/2021

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