Sunbelt Business Advisors | Buy A Business | Texas

Richmond: 804-673-8044 Email: broad@sunbeltrichmond.com

Fitness Center Franchise

Listing ID:
RICHMVA001-N1503

Description:

This twenty-four hour SBA approved franchise gym facility has been operating successfully for 8 years.
The sellers are willing to terminate the franchise for a buyer and increase cash flow by $35,000 annually.
There two huge pluses for the business location. First, it is in a high disposable income neighborhood and second, it is close to a resort area hotels where many members regularly spend holidays and vacations.
Long term attractive lease is in place in a local strip shopping center with local's favorite restaurants and retail food outlets.

Seller Financing Available   

Financials:

Industry: Personal Service | Retail
State: Virginia
City: Virginia Beach
Annual Revenue: $235,000
Asking Price: $235,000
Annual Cash Flow: $93,000
Listing Agent: Charles Broadwater, Jr.
Phone: 7575705292