Profitable and Growing National Fitness Franchise in Philadelphia, PA

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Strong Franchise Brand! Strong Cash Flow! SBA Financing Available!
Asking Price:
$529,000

Gross Revenue:
$414,621
Cash Flow:
$144,934
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$125,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a great opportunity to purchase a growing and profitable national fitness franchise center in a vibrant and growing neighborhood in Philadelphia. This one-of-a-kind location is on the 2nd floor of a renovated brick elevator factory which has luxury apartment units on site. Sales at this club were up over 30% in 2018 and are expected to grow 25%+ in 2019! The seller is confident in the future of this business and is willing to offer a seller's note to assist with downpayment, and is flexible with terms to facilitate a quick close. Additionally, the landlord is willing to work with a new owner to tailor a lease to accommodate a lender's loan term requirements. This newer center has modern strength and cardio equipment, all of which is generously included in the purchase price. There is opportunity for a new owner to take this club to the next level by continuing to grow both membership and personal training revenue streams. Contact us now to learn more about joining one of the largest fitness franchises!

About the Business

Location:
Philadelphia County, Pennsylvania
Franchise:
Yes
Website:
members.franchiseclearly.com/seller/recast/summary/9710/public
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About the Sale

Reason For Selling:
Unexpected growth in my finance business

Listing Info

ID:
1653039
Ad Detail Views:
0

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$
months
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Business Listed by

John Sherry

Franchise Clearly
License# SL3280714

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Sponsoring Broker:

Jon Franz
Franchise Clearly
License# Bk3054406


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