Fitness Franchise

Jefferson County, AL

Seller Financing Available
Fitness Franchise

Asking Price:$195,000

Cash Flow:$125,000

Gross Revenue:$420,000





Fitness Franchise

Get Financing Save Print Share Valuation Report

Business Description

The owner of a well established fitness franchise has chosen to pursue other business interests and is offering this mature business for sale.

The business is currently being operated semi-absentee and is profitable. The business has demonstrated sustainability and growth consistently year over year where others in this industry have not. This is credited to the brand, its system & because of a franchisee that is a savvy business owner and recognizes the importance of following a proven system of success.

This is a turn key opportunity offered in a very business friendly state of Alabama and the great city of Birmingham. Managers are in place and are unaware of the business owners intent to sell.

Truly a very rare opportunity that will sell quickly. Seller is motivated and the asking price is below market value.

Detailed Information

2 full time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This business includes all of the furnishing and equipment which is is in excellent conditions. If this equipment had to be purchased new the value would be approximately $200,000. It includes tanning beds, fitness & cardio, electronic equipment (computers, televisions etc). Parking is more than adequate, easy access, great visibility and the business is located in a very safe neighborhood. Facility is relatively new, in great condition, and the landlord is very accessible and accommodating. Lease negotiated by franchise real estate team. This included a review of the pertinent demographics before the site was approved. Lease terms to be discussed with the owner. 4 year remaining on the current lease.
Pros: Franchise is more member involved and engaged with clients. This is a huge competitive edge. This franchise system and specifically for this franchisee the clients consistently have provided high satisfaction surveys and reviews. Cons: Not really there are always competitors but it has not impacted this franchisee what so ever.
Growth & Expansion:
The business has been expanded by 1000 square feet in 2013. A group fitness area, tanning beds, and shower were added. Expansion could still be possible but likely not necessary.
Support & Training:
Supplied by the franchise and as required by the the new franchise agreement.
Reason for Selling:
Owner is pursuing new business opportunities.
This business is an established franchise

Listing Statistics for Premium Members

Ad#:1266106 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Al Lesko

Business Listed By:
Al Lesko

Best Bet Franchise

Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings

Planet Beach

Franchise Opportunity
Capital Required: $177,162