This is a rare opportunity to own a turn-key fitness gym in Atlanta. This gym offers monthly memberships and provides a variety of classes from spin, yoga, cross-training as well as personal training options.
Owner is looking to sell as he in involved with another business and the original operating partner is no longer able to run the business. Owner’s buildout and investment cost is ~$300,000.
1,395 Sq feet with a lobby and 2 workout rooms (dedicated spin room with 10 bikes) and a multi-use room for other classes.
Location: The business is located in prime part of Atlanta and surrounded by affluent residential complexes and commercial/corporate businesses
Great lease terms – initial at 10 years and 6 months with two 5 year renewable options.
Monthly rent at $4,185 per month + CAM
Financing: For the right buyer, this business has been pre-approved for financing with a $50,000 down payment