#0253-Fitness Center-Premiere Franchise-Real Estate Available

Brandon, FL (Hillsborough County)

Own the Best
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Asking Price: $595,000

Cash Flow: $150,031

Gross Revenue: $489,330

EBITDA: $100,031

FF&E: $150,000

Inventory: N/A

Established: 2005

#0253-Fitness Center-Premiere Franchise-Real Estate Available

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Business Description

Likely to get SBA funding with 20% (or less) down.

Premiere franchised fitness center with a tremendous local presence. People moving to the area can transfer their memberships. They provide their franchisees with superior branding and support. Get on-going education and training. They have great conferences to help disseminate excellent ideas and ways to grow the business.

This has been running for years. Better than starting a new franchise. New franchises can cost over $700,000 for this brand and it can take months or even a year to get your location identified, approved and built out. Additionally, you don’t have any guarantee as to when you will be profitable. We have seen our share of businesses that have gone years before they provided a reasonable net profit to the owner – and sadly, some that never have.

Detailed Information

Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
One option is to acquire the real estate that this business is located at. The property has an additional tenant – a Pink & White nail salon. Asking price for the land alone is $1,750,000 and could be added to the price of the business. This would compensate for rent. If one got a fixed mortgage, it could be spread over 25 years, making rent equivalent very affordable and stable (would not go up. Beautiful and fully up-to-date with the franchise guidelines. Come see.
Competition:
Top in class. Well known. Smooth operation.
Growth & Expansion:
Currently, Seller invests in very little marketing. This alone could make a dramatic effect on the business and a strong reason for acquiring this business. If it is doing this well without advertising, imagine how it could be improved.
Support & Training:
Two weeks by owner and full franchise training.
Reason for Selling:
Moving
Business Website:
http://bit.ly/88390253
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Contact the Seller

(from currently available funds)
 
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Brian Stephens

Business Listed By:
Brian Stephens

Legacy Venture Group & BuyBIzUSA

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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