Two Franchised Fitness Centers in the Greenville Area

Greenville, SC (Greenville County)

Fitness Centers

Asking Price:$1,300,000

Cash Flow:$350,000

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2013

Two Franchised Fitness Centers in the Greenville Area

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Business Description

Two Franchised Fitness Centers located just outside of Greenville, SC. Asking Price for both locations together is $1,300,000. These locations were opened in 2013 so the financials for those years are only partial numbers. One of the locations is about 7,100 SF the other approximately 6,000 SF. Both are in excellent locations with high traffic counts. This franchise is perceived to be one of the best up and coming franchises available.

The two owners of the franchises for sale are good friends and business partners. The reason for sale is they want to turn a profit to invest in other business ventures. This was part of their initial plan to take the start up operation, make it profitable and sell it so they could reinvest in other things. it generally takes about 1,200 members before becoming profitable.

Cash Flow - The revenue for the fitness industry has peaks and valleys due to the time of year. The peak times are in the winter months. The Seller estimates current cash flow on an annualized basis to be approximately $350,000 for the two locations. Sunbelt Business Brokers is in the process of getting an add back schedule from the Seller which will provide more details on the cash flow.

For additional information, contact the listing broker, Bill Law bill@sunbeltbrokers.biz.

Detailed Information

Inventory:
Included in asking price
Facilities:
Two Locations included in sale price
Support & Training:
Sellers & Franchise will provide training
Reason for Selling:
Moving on to other business ventures
Franchise:
This business is an established franchise

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Bill Law

Business Listed By:
Bill Law

Sunbelt Business Brokers Charlotte

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