This Curves women's fitness center is in an ideal San Diego location and now offers Zumba Classes!! Curves is one of the largest franchises boasting over 10,000 locations worldwide. This facility is absentee owned and will greatly benefit from a full time working owner. Curves is a unique franchise. Its franchise and advertising royalties are 5% and 3% respectively, and are capped at $795 and $395 respectively. Seller states this facility's location has an ideal demographic (of high discretionary income and mature females) for the Curve's business model. This 1,427 square foot facility leases for a low $2,140 per month including common area maintenance expenses. The lease expires March 2012 with additional options or a new term to be negotiated. The sale includes all the business assets including the circuit equipment, and franchise territory valued at approximately $25,000. Competition is medium as other fitness centers exist in the area, however this location has the right demographics for a successful operation, and a brand name that is recognized as the leader in its category. The business has a lot of room to grow. The current owner operates the business on a part-time basis and is not particularly engaged in its day to day operations. A new owner can implement a number of marketing campaigns to increase the existing 600 member database, and therefore boost profits. A working owner could also replace the existing manager resulting in additional payroll expense savings. Call Patrick at 858-945-8921.
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Property Features and Assets:
Leased location of 1427 sq ft with a total rent of $2,140. Seller is active in the business with 1 FT employee.
Reason for Selling:
- 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.