Practitioner Assist Personal Mobility Enhancement

Not Disclosed, CA
San Diego County

Asking Price: Annual Revenue:
$94,500 $265,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Practitioner Assist Personal Mobility Enhancement Broker: Linnea Westlake

Quick Facts

Asking Price: $94,500
Annual Revenue: $265,000
Net Profit: Not Disclosed
Cash Flow: $67,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 6
BBN Listing #: 968133008
Broker Reference #: 2401-465678

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Business Overview:

Practitioner Assisted Personal Mobility Enhancement Franchise. Promotes wellness through mobility for those rehabilitating from sport injuries, accidents, surgery or illnesses related to aging. Additionally, program enhances fitness for anyone pursuing improved performance and recovery before or after exercise and in general improved health and vitality. Proven and proprietary method maximizes results without injury by re-calibrating the body for efficient function. Private pay, membership- based fee structure.
Easy access location in very busy and centrally located North County Coastal community. Relocated Sept 2021 with advantageous new lease – 660 sqft - of approximately $2200/mo. Expiration 12/31/2026 with one 5-year option to renew. FFE estimate $20,000. Open 9-6 M-F, Sat 9-4pm, Sun 9-2pm.
Full time GM could be replaced by owner operator. Other employees include 5 part time practitioners (paid $20-$25/hr).
No experience required for owner operator as Franchisor will train. $10,000 Franchise transfer fee. Franchisor training at $800 per day plus T&E ($3-$4,000 estimate). Seller will train locally for 2 weeks up to 20 hours per week at no charge. 6% royalty plus 2% media fee paid to Franchisor on total revenue plus monthly technology fee currently $150 per month. P&L Income is “net” of franchisor royalties. This is the first franchise of this brand in CA. Area Developer arrangement possible.
Business consistently grew profits since its first full year in 2017 with 2019 SDE about $92k. Covid made a mess of 2020 financials but the business recovered some in 2021 with Revenue of $265k and proforma SDE of about $67k. No debt will transfer to buyer. Continues to pick up momentum into 2022. SDE assumes owner operator replaces GM. E2 possible assuming expeditious close of escrow.
Cash buyers only please. Priced to sell at $94,500.

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Reason for Selling:

other commitments

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 not a franchise resale opportunity.

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