HIIT Fitness Center

Wayne County, MI

Seller Financing Available

listing image
Asking Price:$199,000
Inventory:$3,000
Established Year:2019
Gross Revenue:$401,000
Rent:$7,651
BUSINESS DESCRIPTION

This is a great opportunity to own an international, award-winning, Franchise Training HIIT Fitness Center in Suburban Wayne County! Established in 2019, this 2,014 sq. ft. facility is located on a very busy intersection surrounded by plenty of residential and commercial properties. Specializing in 45-minute HIIT (High-Intensity Interval Training) group workouts that challenge the body and deliver results in a positive, supportive atmosphere. All training sessions are led by experienced hands-on certified trainers that are very professional, inspirational, motivational, and show the upmost respect to their clients. All equipment is in excellent condition and well maintained! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding additional classes, expand the hours, having community involvement and adding an EFT program, you have HUGE potential. This is a turn-key operation only needing a new owner-operator. A must see/must have business. Seller will entertain all reasonable offers. Call Armen Nazarian Business Brokers
Transfer/Training Fee: $10,000 Royalties: $2,500 monthly


DETAILED INFORMATION
Location
Wayne County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,014
Employees
8
Facilities
Specializing in 45-minute HIIT (High-Intensity Interval Training) group workouts that challenge the body and deliver results in a positive, supportive atmosphere. All training sessions are led by experienced hands-on certified trainers that are very professional, inspirational, motivational, and show the upmost respect to their clients. All equipment is in excellent condition and well maintained!
Growth & Expansion
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding additional classes, expand the hours, having community involvement and adding an EFT program, you have HUGE potential.
Financing
$199,000 with $100,000 down. 8% int., amortized over 60 months
Support & Training
Seller will Train
Reason for Selling
Other Business Interests
Report an Issue with this listing
profile-img
Armen
Nazarian
logo-img
Armen Nazarian