Business For Sale

Fitness Franchise w/Property Spencer County, KY

Not Disclosed, KY
Spencer County


Asking Price: Annual Revenue:
$1,980,000 $312,128

Recreation: Gyms, Health & Fitness, Sports


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RE: Fitness Franchise w/Property Spencer County, KY Broker: John Sherry
Owner Financing is Available!
Only require 297K down payment

Quick Facts

Asking Price: $1,980,000
Annual Revenue: $312,128
Net Profit: Not Disclosed
Cash Flow: $160,746
Total Debt: Not Disclosed
FF&E: $118,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 3
BBN Listing #: 92339160
Broker Reference #: 8518 (1.980M)

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Business Overview:

This is a rare opportunity to purchase a Nationally Branded Fitness Franchise with the property! This club is located in a stand-alone building, located in a high traffic area with great visibility from the road. The property has an additional tenant providing rental income. Rental income from the gym and additional tenant total $120k per year. This gym is projected to finish 2018 with a $150k in Owner Benefit. Current gym membership is more than 700 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, 5-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. Call us today to find out how you can join one of the world’s largest fitness franchises!

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Reason for Selling:

Relocation

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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