This Snap Fitness center located in Southeastern Minnesota about 90 minutes from Minneapolis. Great community with continued growth through the years. The owners of this Snap Fitness Franchise are dissolving their partnership. This is a great opportunity for an owner/operator. No physical training experience needed to operate the business, but very helpful in having a trainer on staff to grow the business.
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Property Features and Assets:
The center is 2,200 square feet, located in a newer strip center. There is 8 years left on the 10 year lease. Assets = $180,000.
Market Competition and Expansion:
No Competition in town; great opportunity. Seller stated the business needs an owner operator, someone that would be involved in the community. The population is around 5,000 with a median income over $67,000. This is a very good market area for the business. An owner/operator could add $36,400 to their income.
Reason for Selling:
Partnership is being dissolved
- 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.