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Price Reduced! Fitness Center Franchise In Montgomery County For Sale

Montgomery County, Pennsylvania
Asking Price:
$125,000 (USD) Furniture / Fixtures included
Sales Revenue:
$644,434 (USD)
Cash Flow:
$8,422 (USD)

Popular brand health Club/fitness center looking for new owner operator!

Well established Popular Fitness Franchise Health Club in Eastern PA. Profitable Discount Fitness Franchise offering a wide range of premium fitness options, amenities and workout experiences. Training, classes and much more. Over 2000 active and stable members with over $600K in annual sales. The business is being run by absentee owners so Staff is in place so it is truly a turnkey opportunity.

Due to their busy careers, the owners have not kept up with marketing the business. As a result and despite the popularity of the brand, increased competition has taken away members that have not been replaced and leading to a decline in sales.

The business has been priced accordingly. Purchaser will also be required to pay fees of approximately $70,000 to the franchisor.

Property information

Real Estate:

Lease

Premises Details:

This is a unique opportunity to make an investment in the *$33 Billion Gym, Health and Fitness Clubs industry (Source: IBISWorld December 2018) for a fraction of the cost of opening a new club!

There are over $200K in assets (after depreciation) included with this club.

Business Operation

Expansion Potential:

The franchisor has several marketing strategies that the new owner may implement. The brand is very popular.

Competition / Market:

There are several competitors in the area.

Reasons for selling:

Due to other interests, the partners can not invest the time needed to run the business.

Trading hours:

M-Th 5a-11p; Fri 5a-10p; Sat-Sun 7a-7p

Employees:
1 FT / 22 PT
Years established:
11

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$100,000 down/$25,000 for 36 mos. @ 8%

Furniture / Fixtures value:
$132,477 (USD) - included in the asking price

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