Top Rated Fitness Franchise, Absentee Owner

Not Disclosed, CO

Colorado Front Range


Asking Price: Annual Revenue:
$395,000 $346,892

Recreation: Gyms, Health & Fitness, Sports


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RE: Top Rated Fitness Franchise, Absentee Owner Broker: Rob Amerine

Quick Facts

Asking Price: $395,000
Annual Revenue: $346,892
Net Profit: Not Disclosed
Cash Flow: $82,424
Total Debt: Not Disclosed
FF&E: $156,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 4
BBN Listing #: 1301981
Broker Reference #: 0619

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Business Overview:

This well-branded and highly rated franchise successfully navigated COVID and proved itself as a survivor in one of the fastest growing counties in Colorado. The owner has done the hard work including a custom build out, hiring a well-trained staff, and growing its memberships to a profitable level. While two of the nearby national competitors closed down due to COVID, the national franchise wisely did not charge members in April and May and so when the gym could open back up active memberships further increased demonstrating the business is here to stay with the clear support of the surrounding community. An industry buyer or health conscience entrepreneur can now capitalize on this opportunity and further realize the rising profits from this monthly recurring revenue business. The owner and staff take pride in the friendly and clean atmosphere intentionally built to attract new members in the area for years to come. The owner has a full-time military career and is currently stationed out of state. This franchise is approved in the SBA Franchise Directory and is already pre-qualified by SBA lenders.

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Reason for Selling:

Military/Relocation

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.

Documents:

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