Fitness Franchise in Central Midlands, SC

Not Disclosed, SC

Asking Price: Annual Revenue:
$195,000 $284,552

Recreation: Gyms, Health & Fitness, Sports

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RE: Fitness Franchise in Central Midlands, SC Broker: David Stone

Quick Facts

Asking Price: $195,000
Annual Revenue: $284,552
Net Profit: Not Disclosed
Cash Flow: $83,455
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 9
BBN Listing #: 72744955
Broker Reference #: 1207-15297

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Business Overview:

Turnkey major franchise fitness company for sale. They have been in business for approximately 3 years. The business has all exercise and fitness equipment needed to operate the business. Revenue has steadily increased year over year.

The Seller's Discretionary Earnings (SDE) shown is for an owner/operator. The SDE for an absentee owner would be $57,000.

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Property Features and Assets:

The Business is located in a 6000 sq ft space located in a strip center. The space has been fully up-fitted as per franchise requirements. Assets= $175,000

Market Competition and Expansion:

There are two other franchise fitness brands represented in the area along with 10+ private fitness centers of various types. The Buyer can enhance the marketing efforts to help increase membership and also increase the number of personal training clients.

Reason for Selling:

Owner to concentrate on 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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