Live & Work In Paradise! New Anytime Fitness In Panama City, Fl

Panama City, FL (Bay County)

Live & Work In Paradise! New Anytime Fitness In Panama City, Fl

Asking Price:$110,000

Cash Flow:N/A

Gross Revenue:$185,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2014

Live & Work In Paradise! New Anytime Fitness In Panama City, Fl

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Business Description

This is an excellent opportunity to live, work and play on the gorgeous white sand beaches and emerald green waters of Florida. As a health club owner, you can stay in shape and help others reach their weight loss & fitness goals, while making a significant impact on the lives of your members and the community. You can also acquire this business for half the cost of a start-up!

Anytime Fitness is the largest fitness franchisor in the industry with over 3,000 clubs worldwide. This club opened in Feb. of 2014 and is larger than most Anytime Fitness boxes with 8,000 square feet of new finish out and new equipment. Although the club has grown to over 400 members and has a monthly EFT draft of $12k; it is still in the red and the Owner needs to focus on his full-time career. So he is willing to let it go for $110k which will pay off the equipment lease.
This is a great deal because the start-up costs for a new franchise are over $350k. A new owner/operator could easily make between $10k-$20k per month and we have the proforma to show you how this can be done. If you are looking for a low-cost buy with tons of upside and you have the skills to market and sell then this is an awesome opportunity for you!

Detailed Information

Employees:
2
Facilities:
8,000 square ft is being used, 10,000 is available. Excellent location with a monthly rent of $5k.
Competition:
A low price model club opened and has had a negative impact. New Owner needs to be good at marketing and selling. An owner/operator that is a personal trainer is also a good fit.
Support & Training:
Support as needed by Owner as well as Franchisor. There is also a $5k franchisee transfer fee.
Reason for Selling:
Owner needs to focus on his other job.
Franchise:
This business is an established franchise
Business Website:
http://anytimefitness.com/gyms/3540/panama-city-fl-32404

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shane massey

Business Listed By:
shane massey

Fitness Club Business Broker

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