Franchise Fitness Studio - Absentee Owner

Not Disclosed, NC


Asking Price: Annual Revenue:
$250,000 $280,471

Recreation: Gyms, Health & Fitness, Sports


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RE: Franchise Fitness Studio - Absentee Owner Broker: Ashley Kelsey
Owner Financing is Available!
Owner Financing Terms $125,000.00 Owner Financing Interest 6% Owner Financing Terms Months 60 Owner Financing Monthly Payment $2,416.60

Quick Facts

Asking Price: $250,000
Annual Revenue: $280,471
Net Profit: Not Disclosed
Cash Flow: $35,244
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 3
BBN Listing #: 490558201
Broker Reference #: 13485-824793

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Business Overview:

Transworld Business Advisors of Eastern NC

Established Franchise fitness studio with over 400 members located in Cumberland County, NC. As a newer franchise location, established in 2020 a new owner benefits from the completed buildout, knowledgeable staff and future growth of the business. The business has a manager in place running all day-to-day operations making this an opportunity for an absentee owner, remote owner or an owner operator.

The business is located in a new building with ample parking. The curb appeal creates an inviting and clean environment for members to achieve their fitness goals.

STRENGTHS OF THE BUSINESS:

*Manager in Place
*400+ established memberships
*New innovative technology
*Virtual Instructor Offerings
*24/7-member access
*Franchise offers substantial support for Franchisees
*Seller financing available

The business opened in 2020. As a result of government mandated business closures, the business had to close shortly after opening. After 4 months, the business was able to receive an exemption due to the sanitation standards and the offering of virtual instruction. Since reopening, the business has established over 400 memberships and continues to grow. The knowledgeable staff and inviting environment to make this a place people want to come to work out.

The business is located in a brand new, high-traffic shopping center with ample parking .

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

moving

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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