Business For Sale

Fitness Franchise in Prime Location

Harris County, TX
Harris County

Asking Price: Annual Revenue:
$110,000 $545,323

Recreation: Gyms, Health & Fitness, Sports

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RE: Fitness Franchise in Prime Location Broker: Steve Herrera

Quick Facts

Asking Price: $110,000
Annual Revenue: $545,323
Net Profit: Not Disclosed
Cash Flow: $69,789
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 15
BBN Listing #: 84404955
Broker Reference #: 6201-12878

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Business Overview:

This fast-growing, dynamic boutique fitness franchise offers total body workouts with classes, private sessions and individual workouts. The value proposition is that the members receive unlimited use for one low fixed monthly price. The club is membership-based with loyal members providing recurring monthly revenues. It is a fitness center focused on well-being and health through movement. This is a simple model with few employees, minimum inventory and no fitness experience needed. Currently there are over 400 members.

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Property Features and Assets:

The club is located in a prime retail space in one of the fastest growing business areas in Houston which is also one of the most affluent. 25% of the space is allocated for front office and retail with the balance being for the gym itself. Currently ran mostly owner absentee, a new owner could continue that and grow other territories for a large operation. A new owner could also come in and take the place of management for more income potential! Assets = $45,420

Market Competition and Expansion:

There are always competitors in the fitness industry – because it is a multi-billion dollar industry that is not just a “nice to have” in this day’s sedentary office-bound city life, it is a “need to”…particularly in Houston where summer heat and winter cold make working out outdoors less than pleasant. This franchise is ranked one of the fastest growing franchises and has been featured on many news and sports shows. Big box gyms are not the real competition since this center appeals more to the client who is looking for both more personalized attention and that appeals to a niche. This franchise easily beats out the competition! A full time effort by an owner operator should enable someone to grow the business by 20-30% a year and has shown over 30% growth in memberships year to date despite the economy in Houston. This fitness franchise is located in the heart of one of Houston’s busiest business districts in a very affluent area. The open location is running great and a new owner can build out the other territories as well for an amazing fitness empire!

Reason for Selling:

Not able to devote as much time as needed.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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