Absentee Run Basketball Training & Gym Franchise - Business for Sale
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Basketball Training & Gym Franchise in Northern California
CA, US
Added 5 months ago
Basketball Training & Gym Franchise
2 years in business
Absentee / Semi-Absentee
This business is an absentee-run basketball training and gym franchise located in Northern California, offering basketball training, recreational leagues, fitness facilities, and retail merchandise in a 19,530 square foot facility.
Key Information
Asking
$475K
Revenue
$500K
Earnings
–
Multiple
–
Key Highlights
- Business was established in 2024 and has been operating for almost 2 years
- Business is a franchise and is not relocatable
- Owner works 4 hours per week; business is absentee-run
- 15 part-time employees
- Facility size is 19,530 square feet with a monthly base rent of $13,360, CAM charges of $2,009, and $2,809 tenant improvement amortization
- Lease term is 10 years with a 5-year extension; lease is assignable
- FF&E valued at $80,000 and included in the sale
- Inventory valued at $5,000 and included in the sale
- Approximately $850,000 spent on tenant improvements between seller and landlord
- Over 300 5-star reviews reported
Contact Info
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