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ACTIVE

220,000

Fitness Gym in Palm Beach, FL

Palm Beach, FL, USA

Property Description

Price: 220,000

Down: 220,000

Disc Earn: 80,477

Sales: 239,135

Great opportunity to own a 4.5 Star Google rated franchise gym in Palm Beach County. This boutique-style fitness and health club offers personal fitness programs with certified personal trainers. State of the art equipment and extremely clean facility. Many membership options for clients. Members have 24/7 access, free towel service, lockers, and free Wi-Fi. Complete operations manual offered by the franchisor. Great downtown location with favorable terms. Exclusive parking spots for members. Many condos being built in the neighborhood and new businesses moving into this trendy city. No competition around. While closed due to COVID, sellers did a renovation and bought some new equipment. One of few Gyms that survived the Pandemic. Turnkey operation and may qualify for a visa. Seller will take care of Franchise transfer fee. See it to believe it. Call broker for more information.

Reason for Sale: Retirement

General Location: Palm Beach County

Organization Type: Corp 'Sub S' Hours Owner Works: 40:Years Established : 11 Years Owned: 11 Emp FT: 3 Emp PT: 0 Mgrs: 1Non Compete: Miles: 50 Years: 2 Weeks Training: 4 Cost: 0Operating dys/hrs: 24hsSkills/Licenses: Business Management

Business: Is Relocatable: N Is Home Based: N Is a Franchise: Y Is Lender P/Q: N May Qualify For Visa: Y


Lease/Month: 4,000 Square Footage: 2,800 Building Type: RetailTerms & Options: Renegotiate with landlord

Expiration Date: 5/31/2021

Contact Agent

Property Details

Property Type

gym

Bedrooms

Bathrooms

Size

Floors

Year Built

Property Location

Palm Beach, FL, USA

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