Virginia Beach Fitness Center Franchise for sale

Virginia Beach, VA
Virginia Beach City County

Asking Price: Annual Revenue:
$235,000 $235,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Virginia Beach Fitness Center Franchise for sale Broker: Charles Broadwater, Jr.
Owner Financing is Available!

Quick Facts

Asking Price: $235,000
Annual Revenue: $235,000
Net Profit: Not Disclosed
Cash Flow: $93,000
Total Debt: Not Disclosed
FF&E: $185,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 868138944
Broker Reference #: RICHMVA001-N1503

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Business Overview:

* This twenty-four hour SBA approved franchise gym facility has been operating successfully for 8 years. * The sellers are willing to terminate the franchise for a buyer and increase cash flow by $35,000 annually. * There two huge pluses for the business location. First, it is in a high disposable income neighborhood and second, it is close to a resort area hotels where many members regularly spend holidays and vacations. * Long term attractive lease is in place in a local strip shopping center with local's favorite restaurants and retail food outlets. * Owners are willing to finance 20% of the asking price for experienced and qualified buyers.

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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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