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3 - Fitness Centers for sale in Raleigh, Durham and Cary, NC

Raleigh, Durham and Cary, North Carolina (NC)

Asking Price: Gross: Cash Flow:
$ 500,000 $ 850,000 Undisclosed

Furniture and Fixtures Value:
$ 150,000 (included in the asking price)

Inventory Value:
$ 6,000 (included in the asking price)

Business Summary:
Three UFC Gym locations in the triangle area of North Carolina. We offer 30+ cardio boxing and kickboxing classes a week plus advanced training in mixed martial arts, boxing and Brazilian Jiu Jitsu.

 

   
Year Business was Established: 2008
   
Number of Employees: 3FT/6PT/20-1099  
   
Facilities / Terms of Lease: Two years left on all leases. Will enable a move to a larger spot with growth.  
   
Potential Growth/Expansion: A new location now sells for a $30k franchise fee, plus somewhere between $300 and $400k to open a location of our size now. With $50 to $75K these locations can be updated and with advertising money available are very workable. The locations that we are now in have only two years left on the leases and should be moved at the end of the leases to buildings with 5 to 6 thousand square feet to be more competitive, but the existing locations are very adequate while to economy continues to improve. With the proper management and leadership, these businesses can be profitable by the end of the year.  
   
Competition: Title Boxing and East Coast Boxing  
   
Owner willing to finance: N/A  
   
Owner willing to train: Yes  
   
Reason for selling: Ready to retire.  
   
Seller Reference Number: bm360270571
BusinessMart.com Listing Number: 163510
 

 

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For more info contact:

9104761400
Mona Johnson

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