Franchise fitness center with $450,000 tenant build-out. Two additional South Florida exclusive franchise territories valued at $55,000 each are included with this sale. Additional territories can be developed or sold individually. Although this is being offered as an asset sale, the business is currently operating with limited amount of monthly members and continuing to grow each month. Great opportunity to pick up where current owners are willing to leave off at $400,000 under their initial investment. Current assignable lease at $31/sqft through 2029 with new spaces in this center leasing at $50-$60/sqft.
Property Details
Price:
$100,000
MLS #:
RX-10861150
Status:
Active
Address:
*** Confidential***
Type:
Business
City:
Boca Raton
Listed Date:
Jan 25, 2023 (66 days)
State:
FL
ZIP:
33434
Year Built:
2020
Schools
Interior
Business Name
*** C O N F I D E N T I A L***
Exterior
Business Type
Franchise
Waterfront
No
Financial
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Jimmy has been helping buyers and sellers find their dream homes since 2009. With over 1,000 properties sold and hundreds of happy clients, Jimmy is the first and only realtor you should contact if you are in Palm Beach, Broward or Miami Dade county.
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Listing courtesy of Palm Beach Brokers Group, Inc, (561)–655–1200
© 2023 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2023-04-01.
© 2023 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2023-04-01.
*** Confidential***
Boca Raton, FL