Business Overview:
This boutique fitness franchise is one of the newer concepts in the fitness industry and has been steadily growing available units over the past 8 years. This location has been open since 2020, has an existing membership base, and needs a new active owner to improve processes to continue growing!
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Property Features and Assets:
This is a unique and great opportunity to get into a fully-built existing Colorado franchise for pennies on the dollar that it would cost if you started with a new location! The space has all of the FF&E needed, including training equipment, lockers, and audio/visual technology throughout.
There are 7 years remaining on the current lease, which is located in a prime area of the city and easy to access.
Assets = $297,207
Market Competition and Expansion:
Competition comes from other local gyms, but this concept is unique to the industry and attracts a clientele that appreciates the differences from the "normal" heavy-weight gyms.
This franchise is one of the fastest-growing in the fitness industry. By adding more class offerings during the day, in the evening, and on the weekend, a new owner could grow the annual revenue quickly.
Reason for Selling:
The owner is retiring from the industry.
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.
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