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888 9999 Confidential Street, Vancouver West
Fantastic opportunity to be the owner of a successful and profitable health club franchise ( share sales ) in Vancouver West. Front street retail premises of 1,500 sq.ft is leased for $6,500/month ( gross rent, taxes in ), 10 yrs head lease, 9 yrs remaining. Company is a franchisee of well-known USA franchise organization with more than 500 locations across USA. The management team manages the franchise, certified instructors provide the training to the several hundreds of members from 6:00 - 8:30 pm. This is an Absentee business model, the owner lives abroad and comes to Vancouver just once in 2 - 3 months. Stable annual sales revenue is close to $700,000 ( +/- $60,000/month ), gross cash flow to the owners before tax +/- $200,000 - $220,000/year ( $18,000 - $20,000/month ). No competition in Lower Mainland, great opportunity to open new locations, a multiplication of this business guarantees an earnings of $500,000/year and more. Sellers will provide an operational knowledge during a transition.
- MLS® #C8026431
- Square Footage1,500
- Address888 9999 Confidential Street
- SubdivisionDowntown VW
- CityVancouver West
- Zip CodeV4N 6A2
- Listing OfficeEstateBlock Realty
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Listing information last updated on November 21st, 2019 at 7:33pm PST.