Business For Sale

Fitness Franchise w/Property - Bullitt County, KY

Not Disclosed, KY
Bullitt County

Asking Price: Annual Revenue:
$1,935,000 $256,121

Recreation: Gyms, Health & Fitness, Sports

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RE: Fitness Franchise w/Property - Bullitt County, KY Broker: John Sherry
Owner Financing is Available!
Only require 290K down payment

Quick Facts

Asking Price: $1,935,000
Annual Revenue: $256,121
Net Profit: Not Disclosed
Cash Flow: $94,561
Total Debt: Not Disclosed
FF&E: $135,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 6
BBN Listing #: 465939160
Broker Reference #: 8517 (1.935M)

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Business Overview:

This is a great opportunity to purchase a Nationally Branded Fitness Franchise with the property! This club is located in an attractive, newly constructed, stand-alone building, located in a high traffic area with great visibility from the road. The property comes with a vacant space for a future tenant and additional income potential. Rental income from the gym and additional tenant could total $178k per year. This gym is projected to finish 2018 with a $130k in Owner Benefit. Current gym memberships total more than 1,200 strong and the 12-month attrition rate is well below the franchise and industry averages. There are opportunities to further grow personal training and the membership base with this established, 8-year old club. The club and equipment have been meticulously maintained. All of the high-quality gym equipment is generously included in the sales price. Contact us today to learn more about this exceptional opportunity!

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Reason for Selling:

Relocate out of state.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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