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Franchise Gym Strong Following Franchise Can Be Removed For Sale

Las Vegas, Nevada, US
Asking Price:
$49,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$491,729 (USD)
Cash Flow:
Available on request

Multiple anchored shopping center franchise gym! An absolute STEAL at this price! Seller states franchise can be removed for more savings! Over $300K invested in equipment and improvements! Solid membership base (250-300 avg) with 99% on EFT. Major equipment includes boxing ring, kickboxing, heavy bags, speed bags, focus bags, wrestling mats, weights and more! All workers are W2 employees. Seller completely absentee and recommends hands on active owner for increased sales & income. Ample parking in Target Shopping Center location near large parks, schools, businesses, offices and varied dense residential. EMAIL NOW before it is gone! For the fastest reply to you inquiry, please use this ad's email reply or contact Business Broker Edward Smith (RE# BS.0038345.PC; Business Broker Permit# BBP.0000005) at

Property Information

Real Estate:

Lease

Premises Details:

This is a leased location of 5,000 square feet with a Total Monthly Rent of $10,788. Lease ends 7/2022 with Two 3 year options. Seller is not active in the business with 3 FT and 4 PT employees. Hours of operation are 6am-9pm M-F, 8am-4pm Sat, and 8am-2pm Sun. $4,000 in Inventory and $200,000 in FF&E included in asking price. $100,000 made in Leasehold Improvements. Clean & well-equipped interior, location in Target anchored shopping center!

Size in square feet:
5,000

Business Operation

Reasons for selling:

Other business interests

Trading hours:

6am-9pm M-F, 8am-4pm Sat, and 8am-2pm Sun

Employees:
3FT, 4PT
Years established:
17

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

14 days

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$4,000 (USD) - included in the asking price

Contact Information

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