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Follow on Google News | ![]() Fitness Management Partnership Actively Seeking Gym Sale-LeasebacksFitness Management responds to strong demand with plans to acquire single-tenant properties for private, corporate, and franchised locations.
The partnership will pay a negotiated amount for the real estate asset and then lease the premises back to the operator on a long-term basis. This provides the operator with freed-up capital while, at the same time, allowing them to continue to operate their business exactly as they always have. "Through the gym sale/leaseback progran, these funds can be used for a wealth of purposes including fueling future growth, paying down debt, purchasing new equipment, and aiding in succession/buy- Ideal candidates will be operators wishing to free up the equity locked in their underlying real estate. Further, they will be seasoned operators of multiple facilities with aggressive growth plans. "The initiative is most well-suited in circumstances where multiple transactions occur over time, with a symbiotic partnership evolving as a result." The partner is a U.S.-based commercial real estate investor, developer, and property manager focusing on single-tenant, net-leased properties. They provide 100% of the capital for each project they do, a significant portion of which is invested by their own internal team. In addition, they are comfortable and experienced doing projects anywhere in the United States. An Outsourced CEO (https://www.fmconsulting.net/ End
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