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Bally Total Fitness Properties For Sale

    



Interested in Purchasing Bally Total Fitness for Investment?

 

If you wish to purchase a Bally Total Fitness property for investment, please email info@nnndeals.com; We have access to an extensive inventory of triple net Bally Total Fitness Properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

Bally

 

 
Price: 

$3M - $7M


Lease Term
:


15 – 20 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN  

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
6.5% – 7.50%
Name   Bally Total Fitness
Public
Traded as OTC Pink:BLLY
Industry Fitness
Founded 1983 [1]
Headquarters Chicago,Illinois [2] ,
United States
Number of locations
3
Area served
United States
Website www.ballyfitness.com

Bally Total Fitness :

 

Bally Total Fitnessis an Americanfitness club chain which operates three gymsas of March 2015. In November 2011, Bally sold 171 Bally locations to competitor L.A. Fitness. [3]In April 2012, Bally sold an additional 39 facilities to Blast Fitness.[4][5]In December of 2014, Bally sold most of their remaining gyms (an additional 32) to competitor 24 Hour Fitness. At its 2007 peak, prior to the filing of the first of two Chapter 11 bankruptcies, Bally operated nearly 440 facilities located in 29 U.S. states, Mexico, Canada, South Korea, China, and the Caribbean under the Bally Total Fitness, Crunch Fitness, Gorilla Sports, Pinnacle Fitness, Bally Sports Clubs, and Sports Clubs of Canada brands. The company's headquarters are located in Chicago, Illinois.[2]

 

In 1983, slot-machine maker Bally Manufacturing purchased Health and Tennis Corporation of America and Lifecycle, an exercise bike manufacturer. In 1987, it was the world's largest owner and operator of fitness centers. It further expanded with the purchase of the American Fitness Centers and Nautilus Fitness Centers, which were once connected to Vic Tanny and Jack LaLanne. The various brands were consolidated under the Bally Total Fitness brand in 1995. 

In 1996, it was spun from its casino-owning parent. In May 1998, it was listed on the New York Stock Exchange trading under the ticker symbol of BFT. The company carried $300 million in debt at the time of its initial public offering.[6] 

 

Bally Total Fitness Properties For Sale Across the United States :

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming 

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