REDUCED Established Franchise Gym - Seller Finan.

Not Disclosed, PA
Montgomery County

Asking Price: Annual Revenue:
$60,000 $260,000

Recreation: Gyms, Health & Fitness, Sports

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RE: REDUCED Established Franchise Gym - Seller Finan. Broker: Johanne Sharp Sermania
Owner Financing is Available!

Quick Facts

Asking Price: $60,000
Annual Revenue: $260,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $206,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 642454395
Broker Reference #: 64646-535728

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Business Overview:

UNDER CONTRACT! But we have many more great listings. MAJOR PRICE REDUCTION! Hands on operator with fitness experience or interest needed to buy this well established fitness center in the heart of Montgomery County. Franchise model focuses on reoccurring membership revenues, limited staffing and central, convenient location and this unit has it all! Fully equipped with over $180K in excellent fitness equipment (new in 2017). Building fit out in 2017 $157K. Fully staffed. Great franchisor - one of the fastest growing and most successful in this space. Owner is highly motivated and needs to sell. Willing to offer partial seller financing. Buyer must have good credit and be approved by landlord and franchisor.

GROSS SALES in 2016: $158,481
GROSS SALES in 2017: $227,300
GROSS SALES in 2018: $248,081

Serious inquiries only. Call Drew Carney at 610-952-8658 (cell) or 610-793-3555 office.

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Reason for Selling:

Other business interests

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.

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