||Employees||1 full, 15 part
* Included in Asking Price
Great opportunity to purchase one of the most successful fitness clubs in a well-known and supportive franchise. The club is a membership-based fitness facility offering total body workouts featuring unique boxing and kickboxing taught by Club trainers. Membership in the fitness facility provides the member with high intensity full-body workouts that provide cardiovascular, body toning and weight loss benefits through classes and personal training workouts.
All the hard work has been done by the current owners from finding the perfect location, building out the facility, hiring and training a great staff, creating awareness by building a marketing and advertising campaign, and rapidly growing a very loyal membership base that continues to grow year over year. A new club would cost at least $500k to start from scratch which makes this club look like a bargain since there is an established membership base and the club is generating over $200k in annual cash flow for an owner operator, but can also be absentee owned as there is a manager that can continue to run the business (cash flow would be less of course to compensate the manager).
The owners are motivated to sell to the right buyer, money doesn’t necessarily qualify, they want to make the sure buyer is a good fit for the franchise, its employees and members. The current owners operate three locations, two of which we are currently representing for sale, the third may come to the market soon. With such a great business model, location, cash flow and price we don’t expect the opportunity to last so contact us today!
|Facilities:||Fully established and profitable club with room to grow. The Club is a well maintained legacy club with 5,000 square feet of space including 58 heavy bags, boxing ring, 2 bathrooms with showers, two separate changing rooms, full retail area, cardio equipment and weight area.|
|Competition:||No direct competition with same concept in the immediate market.|
|Growth Potential:||There are several opportunities for increased growth and expansion by increasing marketing and advertising efforts that can easily bring in an additional 150 plus members per year which can generate upwards of $100k in additional revenue. A new owner might also want to add class passes or drop-in sessions to attract new members that don’t want to or can’t commit to full membership packages. Current enrollment fees and membership pricing can be raised as the current price is on the very low end of the market rate seen for boutique fitness clubs. Additional areas of opportunity would be growing the personal training aspect of the business as well as retail sales. Lots of room to increase revenue and the bottom line with little effort.|
|Training/Support:||Franchise training & support program. Seller will also offer 30 days of training and support if needed and will be available thereafter at a fair market rate.|
|Seller Financing:||Depends on the final sale price, terms and qualifications of the buyer.|
|Sale Reason:||Part of the 5-year plan, new challenge, relocated with family.|
Seller Reference #HZ334DZ
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.