24/7 Fitness Center Opportunity – SOLD

Don’t Miss Out On This Turnkey Opportunity!

Location: Birmingham, Alabama

Financial Information
Asking: $110,000
Gross: $176,000
Cash Flow: $20,000
Inventory: n/a
Furniture, Fixtures & Equipment:
$130,000

Summary Description
This is a franchise with unique perks throughout the US. One great thing is that if you are on vacation or business out of town you can use the other franchises in that city. Or even if you work across town and needed a work out you can stop in any location.

This 24/7 franchise fitness center in late summer 2010 and the facilities are in immaculate condition. Sales in 2011 to 2012 increased by 40%. This fitness center is continuing to grow- at the end of 2012, there were roughly 380 members. Today there are around 430 members.

To build one of these fitness centers out would cost you roughly $150,000 or more.

General Information
Facilities: Facilities are in excellent condition. All of the Equipment is less than 3 years old. Located in a strip center that is very visible with ample parking off a highly traveled road. There are two years and a few months left on the lease with options. The facility is estimated at 5000sq ft.
Competition: Other fitness centers but this one you can access it 24/7 as well as other perks. This fitness center is very convenient.
Growth and Expansion: Plenty of areas of growth. You can add fitness on request classes.
Financing: Will Consider
Support/Training: Willing to do what’s necessary
Reason Selling: Other Business Interest
Year Established: 2010
Employees: 3