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Business For Sale

24 Hour Franchise Fitness Center

Raleigh Area Wake County, NC

Services: Medical, Dental, Assisted Living

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$159,000
$194,922
Not Disclosed
$53,966
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2005
1
515227526

Business Overview:

This franchise fitness center that allows members 24-hours a day, 7 days a week access through a unique key card system to strength, circuit training and cardio equipment and other services. Members of all fitness levels can exercise in a safe, clean, secure and modern environment at a time that is convenient to their schedule. Additional services include personal trainers, tanning and private showers and bathroom facilities. Members also enjoy access to all other of this franchisors clubs nationwide, making it very appealing to members. This facility could easily be run absentee if the purchaser chooses to and is a fantastic opportunity for a personal training group to have their own facility.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The facility is 8,150 sq. ft. of space on a main thoroughfare. The center has a check-in counter, a large area for its cardio and weight machines, free weights and private rest rooms and showers. The facility was up-fitted specifically as a fitness center in 2005 and has a 24 hour access system and security system for its members.

Market Competition and Expansion:

The Center is located in a rapidly growing area where there is a population of about 129,000 within a 5 mile radius with an average household income of $92,000 and the growth in population was approximately 33% over the last 9 years. There is also finished area for a smoothie bar and/or retail items and private rooms that could be used for massage or other related services, as well as additional space for group fitness classes.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Resources: