Like New Fitness Club that is Cash Flowing $88,000 per Year

Frankfort, KY (Franklin County)

Like New Fitness Club that is Cash Flowing $88,000 per Year
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Asking Price: $240,000

Cash Flow: $88,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 2016

Like New Fitness Club that is Cash Flowing $88,000 per Year

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Business Description

This is an established fitness club in a high density residential area. The club needs a owner/operator to take income to the next level. Everything is in place...base membership, location, visibility, demographics and parking to increase cash flow 3 fold in the next year.

Detailed Information

Real Estate:
Leased
Building SF:
5,800
Lease Expiration:
N/A
Employees:
4
Facilities:
Business is located in a high traffic strip center located on a major thoroughfare.
Competition:
There is a fair amount of competition, but none that offer 24/7 access.
Growth & Expansion:
The club is positioned to grow. A owner/operator could come in and implement an aggressive sales program and membership could double in a short period of time.
Support & Training:
2 weeks by the owner and 3 weeks by corporateT
Reason for Selling:
Owner has a full time job that is requiring more and more of his time.
Franchise:
This business is an established franchise
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Jerry Lucas

Business Listed By:
Jerry Lucas

Lucas Business Brokers

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