Owner Financing is Available!
Business Overview:
This is a cafe specializing in smoothies and sports drinks/products located inside a LA Fitness gym in Palm Beach County. Also services wraps, salads, beverages, and snacks. Eight yrs established under same ownership. Gym has 15,000 members with 1200-1500 gym members per day going through the doors. Cafe operates as a franchise and pays fixed royalty amount per month. Would cost at least $140K to purchase a new franchise including build-out. Franchisor has exclusive contract with LA Fitness. Seller states annual gross is $190K and annual net income is $85K. Cafe can be operated by one person. Asking price of $175K (with $100K down) also includes four vending machines on premises. Seller does no advertising; sales can be substantially increased by targeting local places of business. Owner works part time and is selling due to health reasons.
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.
Reason for Selling:
Health reasons
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.