24 Hour Franchise Fitness Center

Youngsville, NC (Franklin County)

24 Hour Franchise Fitness Center

Asking Price:$365,000

Cash Flow:$117,934

Gross Revenue:$303,925

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

24 Hour Franchise Fitness Center

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Business Description

Well Established Location

This is a great location of the number one franchisor in the fitness industry and it is well established with a stable membership base. The gym is located in a rapidly growing area, with significant residential construction and is located in a high volume shopping center on a major highway with high traffic counts. The facility has well maintained equipment and they just completed its franchisor mandated remodeling. The fitness industry has seen strong, consistent growth and industry analysts expect this growth to continue. This is an exciting opportunity to own a well established location of the premier fitness franchise.

Detailed Information

Facilities:
A 5,300 square foot leased facility located on a high traffic count thoroughfare. The center has a check-in counter, a large area for cardio and weight machines, free weights, group fitness room, massage machine, locker rooms and showers.
Competition:
It is the only fitness facility in its marketplace and it has great brand recognition.
Growth & Expansion:
The club is absentee owned and does not have a comprehensive marketing plan, therefore there is significant growth opportunities for an owner/operator buyer. There is also substantial upside for personal training services, which has not been promoted at this location.
Support & Training:
Seller and the franchisor will provide training and transitional support.
Franchise:
This business is an established franchise

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Michael Nolan

Business Listed By:
Michael Nolan

Empire Business Brokers Inc.

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Sponsoring Broker:
Tim Martin

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