This Metro Atlanta Suburban Fitness Center is not only “Turnkey & Profitable” but located in the heart of one of Atlanta highest density middle to high income areas.
Anchored in high profile nationally anchored shopping center.
Long term lease has 4-years remaining on primary term with a five-year option to renew.
Monthly rent at $7881 all in.
2014 gross sales was over $400,000 with a net profit to absentee Owner of $121,000. Owner has a GM and team of Personal Trainers and runs zero shifts.
2015 gross sales was over $400,000 with a net profit to absentee Owner of $101.945.98.
2016 YTD numbers are tracking about the same as previous years.
Royalties are 4% plus $129 monthly for advertising plus $500 Franchise Fee paid monthly.
Priced at $299,000 with some Owner financing options.
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