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groupexercise

Boutique Franchise Gym in Nashville

Description

Listing Number: 2273

RARE OPPORTUNITY. Only three years old, this popular gym brought in a six-figure profit in its first year! Due to mismanagement by the owner, numbers were down the last two years, but it has been turned around and is starting to thrive again! This is an excellent opportunity for either a hands-on owner or a great deal on an investment to take over and continue this flip and sell for a large profit! All equipment is in great shape, nothing is needing to be replaced or invested in otherwise! Expensive build-out. Fantastic central location in the heart of Nashville. Owner is unexpectedly having to move to another state for personal reasons but will stay on to provide training. 

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Asking  Price: 
$175,000

Gross  Revenue: 
$379,530

Adjusted Net Income: 
$50,769

General Info:

  • Asking Price: $175,000
  • Gross Revenue: $379,530
  • Total Adjusted Net Income: $50,769
  • Equipment / Fixtures: $37,000
  • Included Inventory Amount: $2,000
  • Year Established: 2023
  • General Location: Nashville, TN

Lease Info:

  • Square Feet: 2,820
  • Total Monthly Rent: $10,298
  • Lease Expiration: August 2031
  • Build Out Cost: $450,000
 
 

Additional Information:

  • Full-Time Employees: 5
  • Part-Time Employees: 4
  • Training Period: 2 weeks
  • Reason for Selling: Moving out of state
 
 

Julie Cameron

For more information on this business contact Julie:

Office: (615) 850-4410
Cell: (619) 200-6682
Email: julie@nashbb.com

Looking to Sell?

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