Seller's Contact Information
- RE: 2 Established Turn-Key Boutique Fitness Studios
- Contact: Kevin Everts
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $773,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $210,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 15,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 6 | |
BBN Listing #: | 414662697 | |
Broker Reference #: | 11421-698349 |
Business Overview:
Amazing opportunity to own two beautifully maintained, well-established, turn-key boutique fitness studios in CNY. Company has had continued business throughout COVID and is poised for a boom as vaccines become more widely available.
• Currently a franchise, but new owner has the option to stay in the system or go independent.
• Owner Financing available including CASH back (upon credit review).
• Sale includes two high-traffic, conveniently located studios in multi-tenant retail plazas with high occupancy. Owner is willing to sell each location separately for the right deal.
• Incredibly low lease rates with options to extend.
• Fully staffed with active memberships and established 'done for you' marketing systems.
• Great opportunity to own as a secondary business or to act as an owner/operator within the business.
• Fully outfitted with brand new equipment (replaced in August 2020).
• COVID compliant, including MERV-13 HVAC filters and air purification system with ionic air scrubbing technology and germicidal UV lights.
• Priced to sell, but willing to negotiate.
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Reason for Selling:
no time to commit
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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