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Map
$158,000 - $192,000
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Commercial -
Off Market
1706 Capital Circle NE, Suite #8
Tallahassee, FL 32308
Studio
0 Bath
7000 Sqft
About This Property
***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.
The manager has listed the unit size as 7000 square feet.
The manager has listed the unit size as 7000 square feet.
Unit Size
7,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$25
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 26, 2024 | No longer available | - | |
No longer available | |||
Feb 3, 2024 | Price Decreased |
$175,000
↓ $175K
(50%)
|
|
Price Decreased | |||
Jan 5, 2024 | Relisted | $350,000 | |
Relisted | |||
Nov 28, 2023 | No longer available | - | |
No longer available | |||
Sep 19, 2023 | Listed | $350,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Condo
3
Beds
2.5
Baths
1,796 ft²
$184/ft²
$329,900
Dec 21, 2023
-
$1,999/mo
Active
Condo
3
Beds
2
Baths
1,628 ft²
$209/ft²
$340,000
Dec 30, 2023
-
$3,814/mo
In Contract
House
3
Beds
2
Baths
1,553 ft²
$190/ft²
$295,000
Nov 25, 2023
-
$159/mo
Active
House
3
Beds
2
Baths
1,412 ft²
$220/ft²
$310,000
Dec 14, 2023
-
$137/mo
Active
House
3
Beds
2
Baths
1,362 ft²
$220/ft²
$300,000
Jan 3, 2024
-
$140/mo
Active
House
3
Beds
2
Baths
1,261 ft²
$230/ft²
$290,000
Dec 21, 2023
-
$540/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
1706 Capital Circle Northeast
1706 Capital Circle Northeast, Tallahassee, FL 32308
- 1 Unit for Sale