Property Details

Franchise Fitness Center - Ontario County

Property ID : LB22.168

For Sale $65,000.00 - Fitness Center, Franchise Opportunity

DESCRIPTION:

  • World’s Premier Fitness Franchise with over 2,000 locations in 18 countries.
  • This Franchise began in 2004 and this location has been operating for 10 years.
  • Located in a strip plaza 30 minutes east of the city of Rochester, serving 3 surrounding communities.
  • Only fitness center in the area and currently has 300 members on monthly payments.
  • Equipped with the latest and highest quality fitness machines, equipment and HDTVs.
  • Location also has a tanning room, private restrooms, office and a locker area.
  • Easy to run operation, most of the hours are unsupervised. Members use a personal badge to enter the facility at their convenience.
  • Franchisees only pay $500/month to the Franchise, regardless of sales.

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • FF&E, valued at $50,000.
  • Franchise Transfer Fee is not included in the asking price.

 LEASE ARRANGEMENTS:

Gross rent for the 2,400 square foot facility is $1,900/month. Current lease expires 10/31/17.

SALES AND SELLERS DISCRETIONARY EARNINGS: 

  

2016 2015
SALES 92,861 103,530
SDE 31,648   36,209

                     

   PRICE/FINANCING:

  •    Asking Price is $65,000. Seller financing is available and negotiable.

 COMMENTS:

  • Great opportunity for a Personal Trainer or Sports Enthusiast to own a very reputable and profitable Franchise.
  • Hiring a Personal Trainer or having an Owner/Personal Trainer can increase sales tremendously as displayed in 2014.
  • Business can benefit with more local advertising and marketing to increase sales.

Agent Lou Bellanca

Lou-Bellanca1
  • Office : 585-247-4750

Lou Bellanca has been with AMD Business Brokers since 2009, bringing over 20 years of…
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