This is a completely functional franchisee Anytime Fitness locations with top of the line equipment, group fitness rooms, 2 offices, 4 private complete bathrooms with showers, and 2 tanning rooms.
The club is just shy of 3 years old and coming into the best selling season!
About the Business
Number of Employees:
Building Sq. Ft.:
$6,038.00 Per Month
includes 158,000 original cost for top of the line equipment, tanning beds, security system, sound system, 911 calling system. equipment brands are Precore, ProSun, Torque, and Jacobs Ladder. Remodel cost for a typical Anytime fitness is apox 200K. This club has the step up remodel specs. The club has an original lease of just over 5,000 sf that includes a group fitness center and 4 private bathrooms. We have an additional lease for over 2,000 sf of additional group training space.
Lots of franchise support and training through franchisor. A dedicated support rep (C2I) conducts weekly calls with each franchisee as well as multiple quarterly and annual meetings. Most franchisees are also available for consultations.
Seller will carry the note with a fair down payment and lease assumption.
Ad Detail Views:
Asking Price: $150,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $158,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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