Boutique Fitness Studio & Spa in Kelowna

Kelowna, British Columbia


Asking Price: Annual Revenue:
$179,000 $468,000

Recreation: Gyms, Health & Fitness, Sports


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RE: Boutique Fitness Studio & Spa in Kelowna Broker: Steve Harvey

Quick Facts

Asking Price: $179,000
Annual Revenue: $468,000
Net Profit: Not Disclosed
Cash Flow: $76,127
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 5
BBN Listing #: 714349055
Broker Reference #: Not Disclosed

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Business Overview:

- Gorgeous facility.
- Fabulous location.
- Recent leasehold improvements.
Beautiful boutique fitness studio located in Kelowna. The leased space is 6,400 square feet, fully renovated with high-end studio fixtures. The studio hosts retail store, spa, personal training center and 4 studios to offer any style of group fitness or yoga class you have your heart set on. There are 3 separate washroom/changerooms, including 5 showers and one powder room for staff. The building comes with 6 parking spaces, which is unheard of in the area. The studio has 15 years of business and an incredible following in the community.
Monthly rent: $9,923.71 plus triple net.

Facilities:
6,400 square feet of well-designed and updated space.
6 assigned parking stalls.
Showers/bathrooms - separate fitness studios.

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Market Competition and Expansion:

Numerous options for growth with longer hours, personal training and more scheduled classes.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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