ENLIGN Sells SNAP Fitness of Davidson to New Owner

Davidson, NC – Joe Vagnone, an ENLIGN Business Broker based in Cornelius, NC is pleased to announce the successful sale of a SNAP Fitness in Davidson, NC, located on Davinci Drive. SNAP Fitness is a franchise business focused on creating a results-driven culture both inside and outside the gym. Located in the heart of Lake Norman, this business is conveniently open 24 hours and offers services and classes no matter your fitness level. Everyone is welcome!

Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers facilitated this sale between the sellers, Arnie and Victor Cennamo, Michael Errico and Donald Delgrosso and the buyer, Richard Graziadei.

This franchise location is regularly in the top 10-15% of SNAP franchises globally and is ready to “burst at the seams.” Mr. Graziadei is ready to make a full-time commitment to ensure the continuous growth and success. Mr. Vagnone continuously strives to ensure that buyers are presented with businesses that are the right fit. Thanks to the experience, knowledge and expertise of Joe Vagnone, “This again is another creative deal structure that allows both buyer and seller to get conformable when the price expectation of both […]

May 31st, 2018|

ENLIGN Sells Snap Fitness located in Cornelius, NC

CORNELIUS, NC  – Joe Vagnone announced the sale of Snap Fitness based in Cornelius, North Carolina.  With 2,000 clubs open or in development in 18 countries, Snap Fitness is the world’s premier 24/7 fitness franchise. Founded in 2003 by Peter Taunton, Snap Fitness provides entrepreneurs an exciting business opportunity with turnkey systems, financing options with low investments, and world-class support.

ENLIGN provided a business valuation, the confidential business-for-sale review, marketed the business for sale online, to their 2,700 eNews subscribers, buyer qualification as well as assistance in lending, letter of intent, term sheet and definitive purchase agreement negotiation services.

The business was sold in 24 days.

The buyer purchased 100% of the business assets.

Related Links: https://enlign.com/listing-profile/?l=910

News Facts:

  • ENLIGN Business Brokers has announced that the firm has sold the Travel Host Magazine franchise in Raleigh, NC.
  • ENLIGN facilitated all aspects of the asset sale.

For listing details, visit https://enlign.com/listing-profile/?l=910


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About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and a regional offices in Charlotte, NC, Greensboro, NC and Nashville, TN, provides seller and buyer services, professional negotiation, […]

March 3rd, 2016|