24 Hour Fitness Center

Davidson, NC (Mecklenburg County)

24 Hour Fitness Center

Asking Price:$199,000

Cash Flow:$65,460

Gross Revenue:$243,128

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2008

24 Hour Fitness Center

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Business Description

This is a fantastic turnkey opportunity to own a franchise fitness center allows members 24-hours a day, 7 days a week access through a unique key card system to state-of-the-art strength, circuit training and cardio equipment and other services. This center has seen great growth in membership and currently has active membership of 674. Members of all fitness levels exercise in a safe, clean, secure and modern environment at a time that is convenient to their schedule. Additional services include personal trainers and group training. Members also enjoy access to all other of this franchisor’s clubs nationwide, making it very appealing to members.

Detailed Information

Employees:
3
Facilities:
The facility is 3,507 square feet of space on a main thoroughfare and in a high-volume shopping center. It has state-of-the-art cardio strength training equipment, free weights, and a functional group training area. The center has convenient ample parking for its members and has a total capacity for up to 900 members leaving ample room for growth.
Growth & Expansion:
The rapidly expanding residential and business development is bringing more people to live and work in the area. Also there is plenty of opportunity to grow the personal training and group personal training business. Finally the franchisor is doing more and more to increase brand awareness/value and using technology to capitalize on industry trends including developing more advanced personal training programs.
Support & Training:
Sellers agree to provide an adequate transition for a minimum of two weeks. Franchisor will also assist in the initial transition and ongoing training.
Reason for Selling:
There are a couple of reasons including increased time within full time careers

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Tim Martin

Business Listed By:
Tim Martin

Empire Business Brokers Inc.

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