LISTING ID: T180122

STATUS: ACTIVE

HIGHLIGHTS

REVENUE:        $280,414

NET PROFIT:     $91,003

EMPLOYEES:     6

ESTABLISHED:  2008

FF & E:              $219,000

ASKING PRICE: $280,000

INVENTORY:      $500

WELL ESTABLISHED FRANCHISE FITNESS CLUBS - 2 locations

SOUTHEAST MICHIGAN

BUSINESS SUMMARY

Our firm is pleased to introduce two outstanding turnkey franchise fitness locations for sale in Southeast Michigan. Both locations are recognized as a 24/7 franchise brand allowing members access to cardio equipment, free weights, strength training, personal training and more. Very well established with competent staff in place and great family feel. These franchises continue to produce a steady cash flow, have a strong and consistent membership base and are well known in each respective community.  Each location services close to 400 members.

 

The success of these two clubs is clear from their on-line excellent reviews and outstanding community reputation. The owner spends most of his time at one of the clubs, where the other location is entirely ran by staff. One of the clubs has been recently renovated to meet all corporate requirements. All state of the art equipment included in the asking price.

 

Owner is pursuing other ventures, but is willing to assist with transition. This fitness franchise model is a perfect fit for both experienced and novice business owners.

 

 

 

 

Non-disclosure required prior to receiving confidential information.

 

GROWTH AND EXPANSION

A new manager with renewed focus and energy can quickly boost performance by partnering with nearby small businesses and pursuing creative marketing ideas.

COMPETITION

1 million people join health clubs each year and the industry has a 2.8% annual projected growth rate from 2014 to 2019. Although competition exists, the 24/7 concept gives this franchise an edge in the market.

SUPPORT AND TRAINING

The buyer will have training at the corporate headquarters as well as training with the seller.

FACILITIES

Good lease terms on both locations with options available.

 

 

 

 

REASON FOR SALE & SALE TERMS

Reason for Sale: Pursuing other interests.

 

Terms of Sale: This business is SBA pre-approved.

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CONTACT LISTING BROKER

 

248.425.2129

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Copyright by Inix LLC 2017

LISTING ID: T171018

STATUS: ACTIVE