Upscale franchise gym in hot SW location!

Las Vegas, NV
Clark County

Southwest


Asking Price: Annual Revenue:
$299,000 $250,623

Recreation: Gyms, Health & Fitness, Sports


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RE: Upscale franchise gym in hot SW location! Broker: Edward Smith
License #: BS.0038345.PC
Owner Financing is Available!
$100,000 financed at 5% interest for 10 years.

Quick Facts

Asking Price: $299,000
Annual Revenue: $250,623
Net Profit: $75,824
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 3
BBN Listing #: 35215142
Broker Reference #: 101-21368

Email or Print Listing

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Business Overview:

ABSENTEE OWNER Top Franchise Gym in a hot and growing southwest Las Vegas location! Seller willing to carry a note for Buyer with ONLY$199,000 DOWN and $100,000 financed at 5% interest for 10 years! Nice extra space for adding physical therapy, chiropractic, sports medicine, or other wellness care! Solid membership base with room to grow! Major corporate refresh completed in late 2020! Gym is co-ed and open 24/7 365days per year. Access to the club is protected by a state-of-the-art security system and only granted with the proper key. Members enjoy full use of cutting-edge strength training and cardio equipment which fits with the Las Vegas 24/7 lifestyle. Gross sales & Net Income are projected for 2022 with simply add backs. EMAIL NOW before it's gone! For the fastest reply to your inquiry, please use this ad’s email reply or contact Business Broker Edward Smith (RE# BS.0038345.PC; Business Broker Permit# BBP.0000005) at 702-274-7320 or email edsmith@fcbb.com

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Property Features and Assets:

This is a leased location of 4,200 square feet with a Total monthly rent of $9,095. Lease ends 05/2030 with Two 5-year options. Seller is active with 3 PT employees. Hours of operation are 24 hours Monday to Sunday. $200,000 in FF&E included in the asking Price. $100,000 made in leasehold improvements. Other Assets includes nice location in busy area, established client base and great website!

Reason for Selling:

Other business 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.

Relevant Links:

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