Profitable Portfolio Of Boutique Fitness Studios
Not Disclosed, VA Not Disclosed
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- RE: Profitable Portfolio Of Boutique Fitness Studios
- Contact: Bill McDonald
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $2,100,321 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $499,241 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 33 | |
| BBN Listing #: | 945486 | |
| Broker Reference #: | 9525-369839 |
Business Overview:
Three profitable, popularly themed group fitness studios in prime Northern Virginia locations plus franchising rights
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Market Competition and Expansion:
Competition: Boutique studio members pay more on average than other fitness industry members & nearly 3x as much as members of traditional facilities.
Expansion: The fitness industry is growing at a steady pace and boutique studios, which already comprise roughly 40% of the total, are growing at more than 5X the rate of the overall market. In addition, the current management has laid the foundation for massive expansion through franchising.
Reason for Selling:
Focus on other business interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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