Reason for Sale: Absentee Owner- Membership based Kickboxing Franchise with over 500 active members. One hour classes with coaching staff in place. Great end cap location in a busy shopping center in NW Broward (Movie Theater & National Restaurant Chain). Lease extends to 2030. 3000 sq ft facility. Over $200k+ invested in initial build-out and equipment. Great books & records. Owner benefit for an owner operator replacing the manager. All employees are W2. Visa qualified (2016 & 2017 Tax Returns on file). Royalties 7% (6% Royalties-1% Marketing). Franchisor has 200 locations nationwide with aggressive plans to grow. 2 additional territories included in the price for future expansion. Excellent POS system included in the sale. Buyer pays landlord and franchise transfer fee.
Shopping Center in Coral Springs-End Cap Location. 3,083 sq. ft. Rent is $7,212 and lease expires 05/1/2020 with two - 5 yr. options.
Will train for 1 week @ no cost.