NASHVILLE, Tennessee
| Asking Price |
$149,000 |
Year Established |
2023 |
|
| Annual Revenue |
$379,530 |
Reason for Selling |
Moving out of state |
|
| Annual P/L |
$50,769 |
Attention |
Nadia Slominski |
|
| Annual Cash Flow |
$0 |
Listing Number |
1018794 |
|
| # of Employees |
9 |
Business Category |
Recreation: Gyms, Health & Fitness, Sports |
|
Business Overview:
RARE OPPORTUNITY. Only three years old, this popular gym brought in a six-figure profit in its first year! Due to mismanagement by the owner, numbers were down the last two years, but it has been turned around and is starting to thrive again! This is an excellent opportunity for either a hands-on owner or a great deal on an investment to take over and continue this flip and sell for a large profit! All equipment is in great shape, nothing is needing to be replaced or invested in otherwise! Expensive build-out. Fantastic central location in the heart of Nashville. Owner is unexpectedly having to move to another state for personal reasons but will stay on to provide training.
Property Features and Assets:
<p>Included Inventory Amount: $2,000</p><p>Lease Info:</p><ul><li>Square Feet: 2,820</li><li>Total Monthly Rent: $10,298</li><li>Lease Expiration: August 2031</li><li>Build Out Cost: $450,000</li></ul>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity