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National Fitness Franchise in Philadelphia, PA

Listing No: 993759 | Category: Fitness | City: Philadelphia | County: Philadelphia | State/Prov: Pennsylvania

Photo of 993759

Business Price:
$345,000


Down:
$51,750


Gross Revenue:
$394,290


Owner Benefit:
$117,710


EBITDA:
$70,712

Business Description

Memberships up over 40% in 2021 through April! Great opportunity to purchase an established national fitness franchise center in a vibrant and flourishing neighborhood in Philadelphia. This one-of-a-kind location is on the 2nd floor of a renovated brick elevator factory which has luxury apartment units on site. The seller is confident in the future of this business and is willing to offer a seller's note to assist with down payment, and is flexible with terms to facilitate a quick close. Additionally, the landlord is willing to work with a new owner to tailor a lease to accommodate a lender's loan term requirements. This newer center has modern strength and cardio equipment, all of which is generously included in the purchase price. There is opportunity for a new owner to take this club to the next level by continuing to grow both membership and personal training revenue streams. Contact us now to learn more about joining one of the largest fitness franchises!
  • Inventory: $0
  • FF & E: $125,000
  • Seller Financing Available: $17,500 - 60 MONTHS - 8.00%
  • Lease Total/month: $8,614
    • 01) Base Rent/month: $7,939
    • 02) Triple Net/month: $675
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $0
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0

INQUIRE ON THIS BUSINESS


Business Listed By:
Charles Helms
Phone: 407-247-2209
Email: charles.helms@franchiseclearly.com

Contact us today to learn how we can help you!



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