Snap Fitness for Sale - Los Altos, CA

Los Altos, CA
Santa Clara County

Asking Price: Annual Revenue:
$129,000 $800,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Snap Fitness for Sale - Los Altos, CA Broker: Tim Cunha
License #: Cal DRE #01919755

Quick Facts

Asking Price: $129,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 303139224
Broker Reference #: 6020

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Business Overview:

Own your own gym & enjoy proven business support!

The Snap Fitness of Los Altos can be yours! The current owner is available for a smooth and seamless transition, short- or long-term. This facility is in a prime affluent market, with a high-income demographic to support lucrative one-to-one personal training in addition to basic membership income.

This franchise location historically generates over $800,000 in annual revenue with a comfortable high 5-digit income to the part-time owner-manager. Asking $129,000.

Have you ever thought of owning a gym? Here's your chance!

The Snap Fitness franchise of Los Altos (955 Fremont Avenue) can be yours. The current owner is choosing to sell at this time in order to enjoy a well-earned retirement, but he will be available for a smooth and seamless transition, short- or long-term.

The asking price is $129,000; the buyer will assume the $10,000 franchise transfer & training fee. The franchisor estimates the cost to start a new franchise could run as high as $530k, depending upon the geographic area and the amount of equipment. This is a chance to acquire a fully-functioning facility with established employees and customers for considerably less than starting from scratch. All reasonable offers will be considered. The buyer will need to meet the franchisor's qualification requirements: $125,000 liquid assets, $250,000 net worth, $75,000 combined household income.

Updated 2021-2022 financial information will be provided upon inquiry.

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Property Features and Assets:

This location is a strong performer in a prime affluent market that is continuously expanding, both in population and in opportunity, with a high-income demographic to support lucrative one-to-one personal training in addition to basic recurring membership income. (The median per capita annual income in a 3-mile radius is over $200,000; the median net worth is $1.2 million.) The facility is fully-equipped and up-to-date with a favorable long-term lease available from a landlord who is also a Snap member. The transaction will be the purchase of all the assets of the business, tangible and intangible , including the transfer of the Snap Fitness franchise. (Snap Fitness will require a $10,000 transfer and training fee from the new owner.)

Market Competition and Expansion:

This is not an offer to sell a franchise which can only be made by the formal Franchise Disclosure Document (FDD). Any transfer of the franchise is subject to the approval of the franchisor. Exclusive Broker: Timothy M. Cunha, J.D. (Cal DRE #01919755) Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made NO independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

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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