Top Performing Franchise Fitness Club Experiencing Continued Growth

Marietta, GA (Cobb County)

Top Performing Franchise Fitness Club Experiencing Continued Growth
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Asking Price: Get Financing: $550,000

Cash Flow: $150,000

Gross Revenue: $410,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2009

Top Performing Franchise Fitness Club Experiencing Continued Growth

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Business Description

This franchise fitness club is one of the top tier revenue clubs in the franchise chain. The club has well established base membership. The personal training and group training programs are in place and substantially impact the per member revenue. This club has proven management in place. It also offers a owner/operator a nice built in salary.The location is in the most highly trafficked retail center in the market area. The demographics lend itself to continued growth. This is a value buy.

Detailed Information

Real Estate:
Leased
Building SF:
7,200
Lease Expiration:
N/A
Employees:
6
Facilities:
The club is located in an established retail center. The center has 2 strong anchors and is located on a high traffic thoroughfare. The club has incredible road visibility.
Competition:
The competition is baked in. The club is established and has weathered the competition. The big box clubs are such a distance away that the impact is negligible.
Growth & Expansion:
The club is well established. It is in a growing residential area. This growth will allow for membership growth going forward. The personal training and newly added group training is an area of continued revenue growth.
Financing:
Up to $50,000
Support & Training:
2 Weeks by the current owner and 2 week by corporate
Reason for Selling:
Owner has other clubs and wants to reduce her managerial role.
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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