Pure Barre franchise. SBA Pre-Approved.

Santa Clara County, CA

Asking Price: Annual Revenue:
$225,000 $290,000

Miscellaneous: Non-classifiable

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RE: Pure Barre franchise. SBA Pre-Approved. Broker: Jc Myer

Quick Facts

Asking Price: $225,000
Annual Revenue: $290,000
Net Profit: Not Disclosed
Cash Flow: $124,973
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 11
BBN Listing #: 449964224
Broker Reference #: CAMPBCA001-47845

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Business Overview:

The presented opportunity is for the acquisition a franchised barre fitness facility in the South Bay area of San Francisco's Silicon Valley. Although the fitness industry was hit very hard during the pandemic lockdown in 2020, this COVID-resilient business immediately recovered in 2021 from the dip it had experienced. The current owner transitioned to teaching classes online and evolved the business to now accommodate clients both at the facility and at home. Business has returned to on-site classes and continues to provide options to accommodate a broader range of client schedules, living situations and economic or natural disaster requirements through their online option. The franchisor offers support & Training. Year Established: Current seller since 2015, originally opened 2012 Franchise founded 2001 Services: In person or Livestream barre classes with 4 focused modalities to choose from. 150 members on auto pay Employees: 9 instructors, 2 sales reps Fixtures & Equipment: Greeting desk, computer, sound and PA system, free weights, resistance bands, guest lockers, fully built out space, corporate refresh was done in 2019 Product breakdown: 89% classes, 5% other income 6% Retail Clients: professionals from Tech and University in 30 to 45 age group Lease: NNN $4172 per month for 1350 sf, Landlord flexible to negotiate new lease Franchisor: PB Franchising LLC, $15,000 transfer fee receives 10 years, current FA ends 12/2028 Buyer Requirements: $500,000 Net Worth and $100,000 Liquid Capitol (3-months seasoned) FDD and brand application must be completed first prior to purchase agreement Training: 3 days of mandatory training currently done remotely Required Fees: $150/ month technology fee, Business Management fee $199/month, Music Licensing fee $129/month, Royalty 7% of Gross Sales, Brand Development fee 2% of Gross Sales Ideal Candidate: You do not have to be an existing trainer to become a franchise owner, but it helps.

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Reason for Selling:

Seller focusing on education

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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