Seller's Contact Information
- RE: High End Franchise Fitness Studio In Sunnyvale Ca
- Contact: Jay Grover
Quick Facts
Asking Price: | $75,000 | |
Annual Revenue: | $213,428 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 903456818 | |
Broker Reference #: | 16754-980738 |
Business Overview:
PRICE DROP
Bay Area franchise with exclusive representation nestled in the heart of Silicon Valley. Highly desirable area with ample parking. This opportunity features 1600 sq. ft. state of the art build out designed specifically for the craft. Revenue projections show this to be an incredible opportunity for the right buyer.
The space is well lit, open and inviting, and is equipped all new body bars, bands, balls and associated equipment. This is a turnkey opportunity with a growing membership, and recurring revenues. The studio comes with a fully automated member and class tracking system that supports class scheduling, and member sign-in, and mobile phone access. Monthly membership payments are fully automated. COVID pandemic created the need for virtual instruction, which corporate plans to continue until at least the end of 2020, creating a new product/revenue stream.
This is a perfect opportunity for fitness minded owner operator that wants to have their own studio without the usual startup costs, delays and membership ramp. All systems and procedures are in place, minimizing need for owner involvement. Owners are currently reviewing candidates for management position to create fully absentee opportunity.
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Reason for Selling:
Moving
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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