Price Reduced!Fitness Center Franchise - Low Price

Not Disclosed, PA
Montgomery County

Montgomery County

Asking Price: Annual Revenue:
$125,000 $644,434

Recreation: Gyms, Health & Fitness, Sports

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RE: Price Reduced!Fitness Center Franchise - Low Price Broker: Russell Miller
Owner Financing is Available!
$100,000 down/$25,000 for 36 mos. @ 8%

Quick Facts

Asking Price: $125,000
Annual Revenue: $644,434
Net Profit: Not Disclosed
Cash Flow: $8,422
Total Debt: Not Disclosed
FF&E: $132,477
Real Estate: Not Disclosed
Year Established: 2008
Employees: 23
BBN Listing #: 73174955
Broker Reference #: 3401-14808

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Business Overview:

Popular brand health Club/fitness center looking for new owner operator!

Well established Popular Fitness Franchise Health Club in Eastern PA. Profitable Discount Fitness Franchise offering a wide range of premium fitness options, amenities and workout experiences. Training, classes and much more. Over 2000 active and stable members with over $600K in annual sales. The business is being run by absentee owners so Staff is in place so it is truly a turnkey opportunity.

Due to their busy careers, the owners have not kept up with marketing the business. As a result and despite the popularity of the brand, increased competition has taken away members that have not been replaced and leading to a decline in sales.

The business has been priced accordingly. Purchaser will also be required to pay fees of approximately $70,000 to the franchisor.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This is a unique opportunity to make an investment in the *$33 Billion Gym, Health and Fitness Clubs industry (Source: IBISWorld December 2018) for a fraction of the cost of opening a new club! There are over $200K in assets (after depreciation) included with this club. Total Assets Included: $232,477

Market Competition and Expansion:

There are several competitors in the area. The franchisor has several marketing strategies that the new owner may implement. The brand is very popular.

Reason for Selling:

Other 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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