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Fitness Facility / Tanning / absentee (Northern Indiana)

IN

Fitness Facility / Tanning / absentee (Northern Indiana)
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Asking Price: $450,000

Cash Flow: $140,000

Gross Revenue: N/A

EBITDA: $140,000

FF&E: N/A

Inventory: N/A

Established: 2016

Fitness Facility / Tanning / absentee (Northern Indiana)

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Business Description

Profitable fitness facility with addittional Real Estate

Profitable fitness franchise facility with lots of potential. Located in Northern Indiana. Smoothly operating with minimal involvement from out-of-state ownership. The 24-hour, access controlled, facility offers tanning and a wide variety of cardio and free-weights.

Includes additional leaseable real estate.

Financing available: 10% down

Detailed Information

Employees:
5
Facilities:
Includes equipment and additional usable real estate. Grocery anchored real estate may be leased, used for expansion, or to open other businesses.
Competition:
Limited competition for fitness facilities. Moderate competition for tanning.
Growth & Expansion:
There is a great deal of potential for those willing to address the following under-performing issues: lack of marketing, low personal training numbers, low group training numbers, staffing issues, community/business partnerships, facility expansion, gym store... or make no changes and continue to cashflow. Additional Supermarket anchored real estate may be leased or used for an additional business.
Financing:
10% down option
Support & Training:
Training by owner and franchisor. This business model provides automated billing, limited monthly expenses, and established processes that allow for absentee ownership.
Franchise:
This business is an established franchise
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Business Listed By:
Michael Smith

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