Profitable Boutique Fitness Studio In Prime Locale
Not Disclosed, MN Not Disclosed
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- RE: Profitable Boutique Fitness Studio In Prime Locale
- Contact: Mike Bartholow
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | $589,118 | |
| Net Profit: | $114,840 | |
| Cash Flow: | $137,330 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $140,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 982546 | |
| Broker Reference #: | 11778 MB |
Business Overview:
Studio operates under nationally recognized franchisor.
The studio’s veteran team consists of fitness sales professionals and expert coaches who have been leading group fitness classes for years. The franchise system is fortunate to have strong leadership from both the franchisor and brand leadership alongside a collaborative peer group of fellow franchisees.
The sale price of this studio is less than what it would cost for start-up and build-out. A buyer could hit the ground running with the purchase of a business that’s profiting, an extensive lead list that’s full of potential members, and a strong member base to build from.
Beyond a strong recurring revenue model, this studio’s revenue is boosted through seasonal activations like challenges and paid trials, and retail.
For more information contact Mike Bartholow 952-258-9700 or mbartholow@calhouncompanies.com.
Contact the Seller:
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Property Features and Assets:
The business currently operates out of a high-traffic shopping area surrounded by health and wellness businesses. The studio features a community-building lobby with retail space, ample storage space, a private office, spa-like bathrooms with showers and full amenities, and a spacious workout space with state-of-the-art equipment. The leased space has been meticulously maintained by the owners with many updates throughout. The building boasts prominent signage and benefits from an additional pylon sign situated on one of the busiest roads in the suburb.
Market Competition and Expansion:
This is a fast-growing boutique fitness brand that features innovative workouts in a group fitness environment. The workout is adaptable for all fitness levels, broadening its appeal and potential customer base. The boutique fitness industry is experiencing remarkable growth, with the global market projected to reach a staggering USD 79.66 billion by the end of 2029.
This is also a high-potential opportunity to purchase a profitable business that’s poised for growth in a market that’s also ready for expansion. While this is a single studio for sale in an affluent market, the designated market area is open for additional studios. The studio has achieved sustained profitability with an established operational model and seasoned team in place to continue the momentum.
Reason for Selling:
Family obligations. Kindly ask the seller for more information.
Additional 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
Documents:
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