Fitness Franchise Priced Below Asset Value

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Asking Price:
$299,000

Gross Revenue:
$755,592
Cash Flow:
$90,807
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$301,119
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Priced for immediate sale at $299,000.

Well established Popular Franchise Health Club in Bucks County, PA. Profitable Discount Fitness Franchise offering a wide range of premium fitness options, amenities and workout experiences.

Personal Training, classes and much more. Over 1700 active members and growing. Stable business with solid client base. Strong annual sales with positive cash flow. Newer equipment and well maintained facility.

Manager in place so it is truly a turnkey opportunity.

About the Business

Location:
Pennsylvania
Year Established:
2011
Number of Employees:
2 FT/21 PT
Franchise:
Yes
Facilities:
21,000 sq ft of custom built and designed space that has been meticulously maintained. This is a big box fitness center with room to grow!
Market Outlook/
Competition:
There are several competitors in the area.
Growth & Expansion:
Additional marketing and community involvement will grow the business.
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About the Sale

Reason For Selling:
Partner retiring.
Training/Support:
Will train for 2 weeks @ $0 cost.
Franchisor and Landlord approval plus personal guarantees are required.
Seller Financing:
$249k down/$50k for 36 mos. @ 6%.

Listing Info

ID:
1628126
Ad Detail Views:
605

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Business Listed by

Russell Miller

Murphy Business Sales

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