Business Overview:
** Price Reduced to $20,000 ** This Curves franchise was opened by the current owner in May 2007. This is the premier franchise specializing in women’s fitness and is well recognized for its 30 minute fitness concept with combined strength training and sustained cardiovascular activity through safe and effective hydraulic resistance. This business is a great fit for an entrepreneur wanting to run his/her own business in a healthy and fun environment. (Gross Sales and EBITDA are based on actual 2009 financial statements). Hours of Operation - M W F 6:30AM to 11:30AM 3:30 PM to 7:30PM Tu Th 7AM to 11 AM 3:30 PM to 7:30 PM Sa 8AM to 11AM 3:30 PM to 7:30 PM. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The company currently rents approximately 3000 sq ft ($2,623/mo) in a modern center located in a very busy and high growth area in East El Paso. Lease expires in 2016 with exercise of 5 year extension option , but landlord would be happy to give new owners a long term lease if desired.
Market Competition and Expansion:
– This is the only franchise operating in that section of town that caters specifically to women’s fitness. Current owner recommends additional advertising via direct mail and flyers as this has been successful in the past. Also, he recommends working with local school districts to work towards approval of Curves as an employee benefit. Also, current owner is not active in the business as he has moved out of state, however, he is confident that an owner/operator would have significantly better results. Because of the high growth in the area that this franchise is located, long term outlook for growth looks positive.
Reason for Selling:
Owner has moved out of state
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.