Business For Sale

Premium Boutique Fitness Studio in DFW Area

Not Disclosed, TX

Asking Price: Annual Revenue:
$240,000 $325,454

Recreation: Gyms, Health & Fitness, Sports

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RE: Premium Boutique Fitness Studio in DFW Area Broker: Rich Giles

Quick Facts

Asking Price: $240,000
Annual Revenue: $325,454
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $148,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 20
BBN Listing #: 42264955
Broker Reference #: 6007-13811

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Business Overview:

This premium, state of the art fitness studio has already won awards for best instructor and best bells and whistles! The atmosphere appeals to anyone looking for a fun and accessible experience--all ages and fitness levels. Clients are treated to great instructors and great music, in addition to high end finishes, a boutique retail experience and concierge level service. The business has been very successful attracting a loyal following of clients, a data base of 7,000 individuals and is poised for tremendous growth.

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Property Features and Assets:

The studio is approximately 3,000 sq ft with the latest high-tech equipment, including remote controlled lights, a high definition sound system and a top-of-the-line reservation system that allows clients to book through an app. It is located in a new, affluent shopping center with great visibility and ample parking. There is a new large apartment complex on the grounds, which is not yet fully leased. The studio is quickly accessible from several upscale subdivisions and a large university that is only ten minutes away. Assets: $473,000

Market Competition and Expansion:

There is one other similar facility, which is approximately the same size as this company, but the two studios are several miles apart. Of course, there are many other gyms and fitness centers in the area competing for the fitness clientele. The current owners have done the heavy lifting (build-out, initial marketing, hiring high quality employees, paying the initial franchise fee, etc.). Revenues are growing, and with the explosive growth in population in the area, the company is poised for dynamic growth going forward. They have almost reached break-even in less than two years, so instead of a new owner having to start from scratch, they could take over one that is very close to being profitable, with lots of positive momentum.

Reason for Selling:

Owners are ready to fully retire.

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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