Seller's Contact Information
- RE: Top Rated Personal Training Studio
- Contact: Grant Hamel
Quick Facts
Asking Price: | $577,000 | |
Annual Revenue: | $471,488 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $192,196 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 5 | |
BBN Listing #: | 2009708 | |
Broker Reference #: | 5552 |
Business Overview:
Founded in 2013, this acquisition opportunity is a profitable private, appointment based personal training studio that focuses on results-oriented training through one-on-one personal training. The Company has a unique business model applying a percentage-based rent system for trainers creating a high functioning, turn-key operation that creates reliable long-term clientele. This keeps clients focused on the services as a lifestyle choice and not a short term physical or financial commitment. Consequently, the business thrives from repeat customers. As a result of Covid, people began seeking out smaller and more intimate training spaces. Big box gyms took a major hit and smaller spaces in the boutique fitness industry have thrived. Individuals are seeking a more focused and personalized experience without large crowds. This business is an excellent company with a strong history. The residential markets in Colorado continue to outperform the national average and are contributing to overall economic growth. The industry continues to expand and a motivated investor could utilize a number of ways to grow the company. There is no specific experience required to run this business and the current owner is looking forward to transitioning the business to a qualified purchaser who will continue to build and grow the business.
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Property Features and Assets:
3,850 square feet of leased industrial, mixed-use space.
Market Competition and Expansion:
As a result of Covid, people began seeking out smaller and more intimate training spaces. Big box gyms took a major hit and smaller spaces in the boutique fitness industry have thrived. Individuals are seeking a more focused and personalized experience without large crowds – exactly what the Company delivers.
Reason for Selling:
Pursue other interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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