Excellent Franchised Fitness Business

Not Disclosed, FL
Martin County

Martin County

Asking Price: Annual Revenue:
$169,000 $288,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Excellent Franchised Fitness Business Broker: Dale Armor

Quick Facts

Asking Price: $169,000
Annual Revenue: $288,000
Net Profit: Not Disclosed
Cash Flow: $108,000
Total Debt: Not Disclosed
FF&E: $47,251
Real Estate: Not Disclosed
Year Established: 2019
Employees: 4
BBN Listing #: 81411185
Broker Reference #: 170-18593

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Business Overview:

Excellent Franchised Fitness Business for sale. At typical gyms, your workout relies on a class time or your trainer's schedule. Those times have changed. With this progressive business model members are provided with a fun, trainer-guided, 30 minute, circuit format, kickboxing-style workout. Your workout begins when you show up because it's all about you. New rounds start every 3 minutes and the routines are changed daily. Get stronger, leaner and meaner on YOUR time! This unique and exciting business was rapidly rising in profitability pre-COVID and was temporarily closed by State mandate in March 2020. It resumed operations thereafter and now has an increasing number of former customers returning and new ones signing up. The Membership is predicted to continue increasing as the percentage of the population that has positive anti-bodies and vaccinations continues to rise and pursue their former more active lifestyles. The Owner is absentee and there is a Manager willing to stay. The Owner Benefit reflects an Owner Operator and sales back at their previous levels. The Seller and Franchisor will train the new Owner. The Royalties are fixed and include flat fee charges for gross revenues, marketing, software, website, and member service fees that are very reasonable and less than $1k per month. This is a FANTASTIC opportunity for an enthusiastic Owner/Operator or Franchise business model investor who may want to own multiple locations.

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Property Features and Assets:

Inventory: $1,000 (Included in the asking price). Franchise Transfer Fee: $7,500 (Not included in the asking price). Lease/Month: $4,364. Square Footage: 1,227. Building Type: Retail Plaza. Terms & Options: Negotiable with Landlord. Expiration Date: 2/29/2024. Leasehold: $13,900

Reason for Selling:

Pursuing Other Interests

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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