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Fitness Centers For Lease
Location: Spain -> Barcelona
Industry: Health and Medical > Health Clubs and Spas

Business Summary

The premise, leased to the well-known network of fitness centers, in Barcelona.

The total area is 463 sq.m. The length of the facade is 20 meters. The building was built in 1984.
This network of fitness centers, founded in 2003, currently has more than 2,000 franchises in 20 countries and more than 2,000,000 customers. In 2015, the company took first place in the category of gyms in the rating of the most prestigious franchise in the world. Each working day opens a new club of this company. Fitness centers are open 24 hours a day, 7 days a week. Opening of the gym is scheduled for July 2018.
The room is located in the area of ​​Sant Andreu, a 10-minute walk from Av. Meridiana, in a residential area with a rich pedestrian and traffic flow.

The area of ​​Sant Anreu is 7 kilometers from the center of Barcelona. The area of ​​the district is 656.5 hectares. The population of the district is 147,000 people. The population density is 761.9 people per hectare. The cost of the property is 920 000 euros. The lease agreement is concluded for 15 years, from 2018. The compulsory execution term is 5 years. Profitability - 6.5% per annum. The annual rental income is 60,000 euros + VAT. The monthly rental income is 5,000 euros + VAT. Expenses: IBI - 400 euros per month, comunidad - 120 euros per month. The sale price per square meter of this object is 1 987 euros. The sale price in the area where the premises are located is from 1 130 to 3 686 euros per sq.m. The rental price in this area is from 6.70 to 11.25 euros per sq.m. per month. The rental income for this room is 10.79 euro per sq.m. per month. The documents are ready for the deal. Additional information is available upon request.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease


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Fitness Centers For Lease Photo 1 Fitness Centers For Lease Photo 2 Fitness Centers For Lease Photo 3

Print Listing Id: 700315943
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease

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