Kickboxing Gym - Fitness is a 2021 Priority

Not Disclosed, WA
Pierce County

Asking Price: Annual Revenue:
$395,000 $455,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Kickboxing Gym - Fitness is a 2021 Priority Broker: Stephen Cohen
Owner Financing is Available!
The seller will financing a portion of the sale on an earn-out.

Quick Facts

Asking Price: $395,000
Annual Revenue: $455,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 314435781
Broker Reference #: KBF2021

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Business Overview:

This business is a fitness concept that has demonstrated historical success. The company is currently affiliated with franchise and their proven concept based on high energy classes with bag-hitting, adrenaline-flowing workouts that ANYONE can do - no matter their age or fitness level. Customers commit to recurring membership packages because they find a COMMUNITY among positive, inspiring men and women who fight every day to make their bodies — and their lives — better and better. The program includes ACCOUNTABILITY where passionate instructors really do care about customers and their goals - and will do whatever it takes to help them achieve success.

Covid-19 and required closings have certainly had an effect on this business. However, money was still made in the worst year ever imagined. The South Puget Sound area strong demographics to support this business for many years to come. Given that ownership was able to take roughly $250K per year 2017-2019, this business is an incredible value for a savvy entrepreneur. People will tire of exercising alone at home, and will long for the high-energy community environment that produces results and enjoyment. Kickboxing is here to stay as a very well-designed business model with recurring revenue and very little cost of goods.

Retention of customers usually averages 90% or better. The franchisor has recently secured a new leadership team that will dramatically contribute to the direction of the business in many positive ways. They will focus on building cost effective marketing and operational programs for all the franchisees. With the new energy of the franchise and two excellent growth opportunities available, this opportunity could easily turn into a business generating in excess of $600,000 annual adjusted cash flow to ownership.

The location is a beautifully built out 2885 square feet facility at a total monthly cost of $4558 with the lease running month-to-month basis during the pandemic period. The landlord is excited about executing a market rate lease with a new business owner. Huge growth potential exists as two additional territory locations in multiple areas of choice are included in the sale.

The owner currently works 10-15 hours a week meeting with his management team, instructors and building rapport in the lobby with customers. Current full-time staff include an excellent manager. There is a total of 5-8 other part-time employees with an assistant manager and high energy instructors. The company focuses on hiring intelligent and service-oriented people that take pride in their work and enjoy making other people happy.

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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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