Snap Fitness Center-Ooltewah

Business Opportunity for Sale
Catylist Listing ID: 30719999
Property Subtypes: Health and Medical
Building Size (RSF): 2,600 SF
Sale Price: $65,000
Name of Establishment: Snap Fitness
Franchised Business: Yes
Franchise Parent Name: Snap
Year Business Established: 2010
Gross Revenue: $111,913 (Annual)
Cash Flow: $27,750 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Sale Terms: Cash to Seller
Last Updated: 7/9/2021

Overview / Comments

Fitness Club with 24 hour access plus established clientele. - Great location, Ooltewah/Apison TN in Hamilton County TN - Convenient to Chattanooga! Fully equipped fitness center whose members have 24 hour access. The equipment has been recently updated and includes free weights, Cybex Select Machines, Cardio Arc Trainers, and Lifefitness Discovery Touch Screens. Inventory list available. The memberships have increased and the opportunity to increase revenue through personal training and health supplements.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Industry Segment: Health Clubs and Spas
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $75,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 3 year lease. Located in strip plaza in Ooltewah/Apison, TN
Employee/Labor Description: 2 employees
Mgmt/Training Support Description: Franchise training & Support
Growth/Expansion Opportunities: Future Expansion
Seller Financing Description: No owner financing

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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

Contact

Photograph of Listing Agent

Shawn Matthews

Coldwell Banker Kinard Realty Greater Chattanooga REALTORS® Member
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