Recurring Revenue Established Gym Franchise

Not Disclosed, NC
Wake County

Wake county


Asking Price: Annual Revenue:
$149,999 $265,500

Recreation: Gyms, Health & Fitness, Sports


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RE: Recurring Revenue Established Gym Franchise Broker: Neal Issacs

Quick Facts

Asking Price: $149,999
Annual Revenue: $265,500
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 6
BBN Listing #: 838654992
Broker Reference #: 16932111-NI

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Business Overview:

Cash flowing and serving more than 200 active and engaged members, this recently renovated top rated fitness franchise brand is fully staffed, fully equipped, and ready for new ownership. Perfect for an entrepreneurial fitness professional or an investor seeking operating income, this fitness and business opportunity won't last...

Located in a convenient strip center near two major bedroom communities in growing Wake county with high traffic and well known anchor tenants. The business features six trainers, some of which sell and handle administrative tasks, and represents a truly turnkey business model. The highly rated franchisor provides the workout programs and technology so that the owner can focus solely on operations and business growth.

The business has accumulated thousands of prospective members contact information and boasts high conversion and retention ratios for it's members.

- Fully Staffed
- Recurring Revenue Model
- Turnkey Business Model
- Class A Tenant Anchored Strip Center
- Proprietary Systems & Technology
- Franchiser support and training

Financial representations from recasted 2020 & 2021 Tax Returns plus 2022 TTM Income Statement.

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Property Features and Assets:

Recently upgraded 1,400 sq/ft retail unit in a busy shopping center; no shortage of parking and surrounded by complimentary businesses including restaurants and service retail centers. The HVAC was recently replaced in the leased premises.

Reason for Selling:

Family

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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