Snap Fitness Ooltewah

Business Opportunity for Sale
Catylist Listing ID: 30171855
Property Subtypes: Business Services
Building Size (RSF): 3,900 SF
Sale Price: $65,000
Franchised Business: Yes
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 2/24/2018

Overview / Comments

Perfect opportunity for someone looking to run their own fitness business. Located on the corner of East Brainerd Road and Ooltewah-Ringgold Road, this fitness center is in a great location, and a fast growing area. The fitness center has a total of 3,900 square feet, of which 1,300 is allocated to an aerobics room. The remaining 2,600 square feet is dedicated to the gym area. The aerobics room is a recent addition, totaling $17,000 to complete. This business is being sold for value of equipment and assets, and currently has a renewable lease option until April 2021 at the current location. The business currently has about 300 contracts, and has an annual cash flow of $120,000-$150,000, with much more potential.
The business, Snap Fitness, is for sale and not any part of the property located at 1667 Ooltewah-Ringgold Road, Ooltewah, TN 37363.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Industry Segment: Other Business Services
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,434 31,604 77,482
Median Age: 42.15 38.99 39.74
Households: 1,553 11,144 30,157
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