ATL Suburb Franchise Fitness Ctr/1800 Members-Profitable-New Pricing

Atlanta, GA (Fulton County)

Seller Financing Available
ATL Suburb Franchise Fitness Ctr/1800 Members-Profitable-New Pricing

Asking Price:$299,000

Cash Flow:$101,945

Gross Revenue:$400,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2012

ATL Suburb Franchise Fitness Ctr/1800 Members-Profitable-New Pricing

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Business Description

This Metro Atlanta North Suburban Fitness Center is not only “Turnkey & Profitable” but located in the heart of one of Atlanta highest density middle to high income areas.

2014 gross sales was over $400,000 with a net profit to absentee Owner of $121,000. Owner has a GM and team of Personal Trainers and runs zero shifts.

2015 gross sales was over $400,000 with a net profit to absentee Owner of $101,945.98.

2016 YTD numbers are tracking about the same as previous years.

1,800 Members.

Royalties are 4% plus $129 monthly for advertising plus $500 Franchise Fee paid monthly.

Some Seller financing options.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Facilities:
5,000/sf. Anchored in high profile nationally anchored shopping center. Long term lease has 4-years remaining on primary term with a five-year option to renew. Monthly rent at $7,881, all in.
Financing:
Some.
Support & Training:
Please ask broker for details.
Reason for Selling:
Other business interests.
Franchise:
This business is an established franchise

Listing Statistics for Premium Members

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Steven Josovitz

Business Listed By:
Steven Josovitz

Shumacher Restaurant Brokers

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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