#0253-Gorgeous Franchised Fitness Center-Brandon

Brandon, FL
Holmes County

Services Tampa Bay


Asking Price: Annual Revenue:
$595,000 $489,330

Recreation: Gyms, Health & Fitness, Sports


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RE: #0253-Gorgeous Franchised Fitness Center-Brandon Broker: Brian Stephens

Quick Facts

Asking Price: $595,000
Annual Revenue: $489,330
Net Profit: Not Disclosed
Cash Flow: $150,031
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 2
BBN Listing #: 540650148
Broker Reference #: 883-90253

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Business Overview:

Likely to get SBA funding with 20% (or less) down.

Premiere franchised fitness center with a tremendous local presence. People moving to the area can transfer their memberships. They provide their franchisees with superior branding and support. Get on-going education and training. They have great conferences to help disseminate excellent ideas and ways to grow the business.

This has been running for years. Better than starting a new franchise. New franchises can cost over $700,000 for this brand and it can take months or even a year to get your location identified, approved and built out. Additionally, you don’t have any guarantee as to when you will be profitable.

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Property Features and Assets:

One option is to acquire the real estate that this business is located at. The property has one other tenant which brings in additional revenue for a new owner choosing to purchase the optional real estate. Asking price for the land alone is $1,750,000 and could be added to the price of the business. This would compensate for rent. If one got a fixed mortgage, it could be spread over 25 years, making rent equivalent very affordable and stable (would not go up. Beautiful and fully up-to-date with the franchise guidelines. Come see.

Market Competition and Expansion:

Top in class. Well known. Smooth operation. Currently, Seller invests in very little marketing. This alone could make a dramatic effect on the business and a strong reason for acquiring this business. If it is doing this well without advertising, imagine how it could be improved.

Reason for Selling:

Moving

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.

Documents:

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