North Atlanta Suburban Franchise Fitness Center w/1800 Members – Profitable w/Great Books – New Pricing w/Owner Financing

by Steven Josovitz

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#1458

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.

5000/sf.

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.

1800 Members.

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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