Get Financially Fit - 2 Fitness Centers - So NH

Not Disclosed, NH
Hillsborough County

Southern NH

Asking Price: Annual Revenue:
$795,000 $1,100,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Get Financially Fit - 2 Fitness Centers - So NH Broker: John Coto
Owner Financing is Available!
SBA Financing Canditate with at least 10% and good credit. Small amount of seller financing may be considered.

Quick Facts

Asking Price: $795,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: New Hampshire
Year Established: 2015
Employees: 33
BBN Listing #: 47219624
Broker Reference #: ABB426

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Business Overview:

Two national fitness franchises - established. The franchisor operates nationally, about 500 units, and has been rated as a top Franchise Brand by Entrepreneur Magazine. Approximately 85% of the monthly revenue is recurring. High retention rate by its members as well as new members that join every week from the referrals from current members. In 2017 and 2018 sales were over $1.1 million. Based on first 4 months, sales for 2019 are projected to be about $1.2M. Highly turn-key operation. Systems in place allowing a new owner to step in and run the business successfully. Executive level income. This is an exceptional and rare opportunity to acquire an established, high-volume, local operation of a successful, national franchise in the fitness industry. For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or call 603-880-8200. Attention Business Owners: We have buyers looking for businesses to buy and not enough listings! If you are considering a possible sale or would just like to learn more about the process, please call me for an initial, confidential discussion.

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Property Features and Assets:

Two great, convenient, leased locations. They are high-traffic locations with off-street parking. One 2300 sq. ft. Rent is $6300 per month. The other is 1800 sq. ft.. Rent is $6500 per month. Lease terms through Aug 2021 and Dec 2019. Both with options to extend.

Market Competition and Expansion:

Competition:Franchisor is an industry leader Growth & Expansion: May be achieved through increased marketing and promotion.

Reason for Selling:

Pursue another investment opportunity

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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