Description
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.
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Attribution contact: (561) 655-1200
Listing Office: Palm Beach Brokers Group, Inc
