Fitness Franchise Priced Below Asset Value

Not Disclosed, PA
Bucks County

Bucks County

Asking Price: Annual Revenue:
$149,000 $508,857

Recreation: Gyms, Health & Fitness, Sports

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RE: Fitness Franchise Priced Below Asset Value Broker: Kevin Lehmann

Quick Facts

Asking Price: $149,000
Annual Revenue: $508,857
Net Profit: Not Disclosed
Cash Flow: $54,102
Total Debt: Not Disclosed
FF&E: $301,119
Real Estate: Not Disclosed
Year Established: 2011
Employees: 23
BBN Listing #: 28394955
Broker Reference #: 3401-14896

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Business Overview:

Priced REDUCED for immediate sale at $149,000. Open and Operating! The membership has grown since re opening!

Well established Popular Franchise Health Club in Bucks County, PA. Profitable Discount Fitness Franchise offering a wide range of premium fitness options, amenities and workout experiences.

Personal Training, classes and much more. Over 1700 active members and growing. Stable business with solid client base. Strong annual sales with positive cash flow. Newer equipment and well maintained facility.

Manager in place so it is truly a turnkey opportunity.

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Property Features and Assets:

21,000 sq ft of custom built and designed space that has been meticulously maintained. This is a big box fitness center with room to grow! The purchaser will be required to make some upgrades after taking over. Assets = $585,238

Market Competition and Expansion:

There are several competitors in the area. Additional marketing and community involvement will grow the business.

Reason for Selling:

Partner retiring.

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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