Denver RiNo Existing Body Alive Hot Fitness

Denver, CO
Denver County

RiNo District

Asking Price: Annual Revenue:
$75,000 $500,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Denver RiNo Existing Body Alive Hot Fitness Broker: Buyer Services

Quick Facts

Asking Price: $75,000
Annual Revenue: $500,000
Net Profit: $200,000
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 10
BBN Listing #: 802859778
Broker Reference #: CO-BodyAlive-De

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Business Overview:

$650k buildout for $75k. No joke!!
Turnkey opportunity to buy this existing hot yoga and fitness center in RiNo!!!
Originally slated to open April 2020. Finally opened in November 2021 as a corporate owned center. They found mold, shut down the center, fixed the problems, sued the engineering firm, and is now ready to reopen, this time to a franchised location. Corporate is financially covered through the lawsuit, so they would rather offer this $650k business to a local owner/operator that can quickly regrow the center. There was over $650,000 spent on the build out of this location; Today it would cost $800,000 and would take 9 months to build. All leasehold improvements, tenant finish, and equipment is included. We offer Hot Power Yoga, Hot Mat Pilates, Sculpt, Challenge, Barre, Body Fusion, Bounce, and Cycle Classes. *** The business is currently closed. Revenue and earnings claims are based on pro forma projections provided by the Franchisor for the 2nd year. Additional financial averages can be seen on the Item 19 claims of the FDD. Check out the website Complete our buyer registration for additional background info, financial info, and to schedule a meeting with the owners.

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Property Features and Assets:

Spacious 1,500 sq. ft. 102 degree/40% humidity heated studio - sized to hold 55 mats. Women's locker room with 6 showers; Men's locker room with 2 showers; Lobby including lockers, cubbies, and hooks; Parking in the adjacent parking garage; Audio throughout studio, lobby, and locker rooms.

Market Competition and Expansion:

Little competition. Growing RiNo District. High density apartments. Young, active population. 20k customers within 2 mile radius.

Reason for Selling:

Seller seeking owner/operator or passive investor

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 not a franchise resale opportunity.

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