Business For Sale

Well Established Fitness Franchise - Two Clubs

Not Disclosed, MI

Asking Price: Annual Revenue:
$280,000 $280,414

Recreation: Gyms, Health & Fitness, Sports

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RE: Well Established Fitness Franchise - Two Clubs Broker: Tanya Popov

Quick Facts

Asking Price: $280,000
Annual Revenue: $280,414
Net Profit: Not Disclosed
Cash Flow: $91,003
Total Debt: Not Disclosed
FF&E: $219,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 6
BBN Listing #: 620328552
Broker Reference #: MI011818

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Business Overview:

Our firm is pleased to introduce two outstanding turnkey franchise fitness locations for sale in Southeast Michigan. Both locations are recognized as a 24/7 franchise brand allowing members access to cardio equipment ,free weights, strength training, personal training and more. Very well established with competent staff in place and great family feel. These franchises continue to produce a steady cash flow, have a strong and consistent membership base and are well known in each respective community. Each location services close to 400 members.

The success of these two clubs is clear from their on-line excellent reviews and outstanding community reputation. The owner spends most of his time at one of the clubs, where the other location is entirely ran by staff. One of the clubs has been recently renovated to meet all corporate requirements. All state of the art equipment included in the asking price.

Owner is pursuing other ventures, but is willing to assist with transition. This fitness franchise model is a perfect fit for both experienced and novice business owners.

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Property Features and Assets:

Good lease terms on both locations with options available.

Market Competition and Expansion:

1 million people join health clubs each year and the industry has a 2.8% annual projected growth rate from 2014 to 2019. Although competition exists, the 24/7 concept gives this franchise an edge in the market. A new manager with renewed focus and energy can quickly boost performance by partnering with nearby small businesses and pursuing creative marketing ideas.

Reason for Selling:

Pursuing other 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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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