Profitable and Growing National Fitness Franchise in Philadelphia, PA

Philadelphia County, PA

Seller Financing Available
Profitable and Growing National Fitness Franchise in Philadelphia, PA
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Asking Price: $495,000

Cash Flow: $144,934

Gross Revenue: $414,621

EBITDA: N/A

FF&E: $125,000

Inventory: N/A

Established: N/A

Profitable and Growing National Fitness Franchise in Philadelphia, PA

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Business Description

Strong Franchise Brand! Strong Cash Flow! SBA Financing Available!

This is a great opportunity to purchase a growing and profitable national fitness franchise center in a vibrant and growing neighborhood in Philadelphia. This one-of-a-kind location is on the 2nd floor of a renovated brick elevator factory which has luxury apartment units on site. Sales at this club were up over 30% in 2018 and are expected to grow 25%+ in 2019! The seller is confident in the future of this business and is willing to offer a seller's note to assist with downpayment, and is flexible with terms to facilitate a quick close. Additionally, the landlord is willing to work with a new owner to tailor a lease to accommodate a lender's loan term requirements. This newer center has modern strength and cardio equipment, all of which is generously included in the purchase price. There is opportunity for a new owner to take this club to the next level by continuing to grow both membership and personal training revenue streams. Contact us now to learn more about joining one of the largest fitness franchises!

Detailed Information

Location:
Philadelphia County, PA
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
SBA Financing Available
Reason for Selling:
Unexpected growth in my finance business
Franchise:
This business is an established franchise
Business Website:
http://members.franchiseclearly.com/seller/recast/summary/9710/public
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(from currently available funds)
 
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John Sherry

Business Listed By:
John Sherry

Franchise Clearly

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Sponsoring Broker:
Jon Franz

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