Franchise Fee: $34,000
Inventory (Brochures, Towels, etc.): $600
Leasehold Improvements
Buildout: $40,000
Outdoor Signage: $8,500
Street sign: $500
Mirrors: $690
Other (electrical work): $250
Fitness Equipment
Equipment deposit: $26,512
Additional Equipment: $3,100
Office Equipment
Furniture: $3,500
Misc (trash can, vaccum, etc): $500
Computer: $1,100
Software - marketing, diet, website: $1,378
Stereo: $250
Lease Information:
The current location's lease is for a 1,251 sq.ft. space on a main street in a planned community in Central Orlando. The lease expires in June, 2011, and there are two 5-year options. The current owner negotiated with the community to be the only personal training facility in the entire community.