D1 Training Tallahassee - Turn-Key Personal Fitness Franchise
***On January 25, 2024, Full-Circle Athlete, LLC's Chapter 11 Plan was confirmed. The Order of Confirmation eliminated all debts and liens on the assets of the business but required that the Debtor complete a sale of the business or assets expeditiously. To comply with the Order, the purchase price for the business is being reduced to $175,000 for a limited time. The initial offering price of $350,000 was derived by multiplying the Debtor's lowest month of gross receipts by 12 and adding in $50,000 for the hypothetical liquidation value of the business' assets. The sale at $175,000, half of the original list price, still includes all the business's assets, its Franchise Agreement, its customer lists, and all other assets. To satisfy the Court that the highest or best offer has been presented, any presented offer to purchase at $175,000 must be subject to a short period of time for higher or better bids. Upon receipt of a buyer signed purchase contract, a 14-day auction will begin with the starting price set at one bid increment above $175,000. The purchaser is permitted to bid to protect their interest if other bids are received. In the event no new bids are received at the end of the 14-day auction, the original purchaser's contract will be executed and be in full enforceable effect at $175,000. To fully execute the final contract, a 10% earnest money deposit is due within 48 hours of the conclusion of the auction.*** D1 Training in Tallahassee is seeking new ownership. This turnkey personal fitness franchise comes equipped with everything already in place to be a successful business. A complete array of equipment comes included while still boasting ample open floor space for indoor training, just like a D1 athlete would receive. The Tallahassee location currently has a roster of over 100 members with plenty of room for growth. The current space is 7,000+/- square feet with offices, restrooms, and a shower for members. This great location fronts on Capital Circle and provides plenty of customer parking. This sale includes the franchise rights to 2 locations in Tallahassee and the surrounding area. Want to expand into Panama City Florida or Valdosta Georgia? You can do that and keep your current location operating! A complete equipment list and financials can be provided by filling out and emailing the provided Non-Disclosure Agreement.
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;
;