Fitness Club with 24/7 Access Ready For New Growth Under New Ownership

Madison County, AL

Fitness Club with 24/7 Access Ready For New Growth Under New Ownership

Asking Price:$274,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate:N/A /SF

Established:2012

Fitness Club with 24/7 Access Ready For New Growth Under New Ownership

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Business Description

Very Clean Franchised Fitness Club With Plenty of New Equipment For Sale. The owner runs the club absentee because of the experienced and professional staff. The staff is very interested in keeping their jobs after the sale if needed. The Franchise offers proprietary software and apps to make the day to day operations seamless. The members are loyal and mature (35-55). The members come from a 5 mile radius of the club. The 24/7 accessibility is a magnet for the person on the go because they will be able to work our no matter where they are. The club is located just off a main thoroughfare on a very busy street with well over 10,000 passers by every day of the week. There are other Fitness Centers in the city but there is more than enough business for everyone. The experienced professional staff make the difference in the customer experience. There is room to expand in a vacant space right next to the fitness club. This will allow the addition of new services and private training.There is training for the buyer that will come from the Franchisor and there is training that will come from the present owner.

Detailed Information

Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Facilities:
The space is 5000 Sq. Ft. The business is clean and full of new equipment. The space is very well kept. The present tenant is on a month to month lease so new tenant will have to renegotiate lease for themselves.
Financing:
No Seller Financing Available
Support & Training:
There will be training that comes from corporate and there will be training that will come from the seller.
Reason for Selling:
Owner Relocation
Franchise:
This business is an established franchise

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Melinda Tsang

Business Listed By:
Melinda Tsang

Sunbelt Business Brokers of North Alabama

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