No Experience Necessary - Own A Fitness Franchise!
Not Disclosed, WA Clark County
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- RE: No Experience Necessary - Own A Fitness Franchise!
- Contact: Kristin Young
Quick Facts
| Asking Price: | $220,000 | |
| Annual Revenue: | $276,118 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $55,721 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $81,547 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 22 | |
| BBN Listing #: | 979312 | |
| Broker Reference #: | 062221-652004 |
Business Overview:
No Experience Necessary - $50k down - Own a Fitness Franchise!
Are you ready to take the reins of a positive fitness business and make your mark in the community? Look no further than this established Fitness Fitness Center located in Vancouver, Washington. Founded in 2015, this fitness studio quickly became a local favorite, with a unique selling point of NO direct competition in the area.
Despite facing challenges during the COVID-19 pandemic, this popular franchise has bounced back stronger than ever. The business has been experiencing a steady increase in revenues and strong potential for growth and profitability. What's more, this income is partially passive, which is ripe for growth if you have a dedicated person!
The owners are open to creative funding solutions including seller carry and/or taking over an existing loan (if allowed by SBA).
This Fitness Center boasts a loyal clientele base who have been with the business through thick and thin. Their trust and loyalty provide a solid foundation for the new owner to build upon. Additionally, the business's reputation for delivering high-quality fitness programs and services has helped it stand out in the crowded fitness landscape.
The bonus of a franchise is that there is a built in support system to help and advise on Marketing, Finance, Operations and HR!
No Experience necessary, just a desire and dedication to grow. Don't miss out on the chance to own a profitable fitness business with unlimited growth potential in the bustling fitness industry. This Fitness Fitness Center in Vancouver, Washington is your ticket to a rewarding and lucrative business ownership experience – seize it today!
Contact the Seller:
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Property Features and Assets:
Monthly Rent: $5,206.43
Square Units (Foot, Meter): 2,055
Lease Expiration Date: July 31, 2030, 12:00:00 AM
Terms Options: Approx. 3% annual increase
Facilities: Their facility is located in a busy and upscale retail center. This facility has plenty of parking, is kept clean with professional landscaping and has the feel of a Class A/A- space.
FF&E Overview: The FF&E is all in great condition. Most of the value resides in a state of the art sound and speaker system as well as 26 newer bikes.
FF&E General Condition: Excellent
Market Competition and Expansion:
Competition:
There is no direct competition within 12 miles.
Expansion:
There has been an upward and organic trajectory since COVID and the business is on track to make this 100k in revenue in partially passive income with no changes! With active management, this could grow even further through expansion of existing classes, new added classes, targeted advertising, and more community involvement/awareness. With the right owner at the helm, they could make this an even stronger business.
Reason for Selling:
Moving on to new businessAdditional 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
Relevant Links:
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