Women's Gym Franchise in Essex County, MA

Not Disclosed, MA
Essex County

Essex County

Asking Price: Annual Revenue:
$85,000 $250,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Women's Gym Franchise in Essex County, MA Broker: Parser
Owner Financing is Available!
40K down

Quick Facts

Asking Price: $85,000
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: $83,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: $3,000
Year Established: 2009
Employees: 3
BBN Listing #: 10054447
Broker Reference #: 32814

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Business Overview:

This is the time of the year to buy a fitness studio as people move indoors for their fitness needs, and then there are those New Year resolutions! Great opportunity to be in business for your self, but not by yourself as you have corporate support and marketing! This is priced to sell! To start a new club like this would cost a minimum of $150,000. This is a fantastic deal to purchase a business with consistent revenue from day one. Make an offer now as all reasonable offers will be considered. Owner only puts in about 10 hours a week on location primarily working on renewals and enrolling new members. Could also be absentee run as one of the trainers would like a full time position to manage the business. This business provides small group personal training for women. This business model generates more revenue per hour than 1:1 training. One trainer works with four women at a time. Located in a strip mall, in an upscale community next to a major retailer. Currently has 110 members, which is an increase, with an average renewal rate of 75%. Do more outreach into community to increase membership, as well more social media marketing. In addition to listing price there is a $14,500 franchise transfer fee plus franchise approval to show substantial net worth.

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Reason for Selling:

Other interests

Additional Details:

  • The property is owned.
  • 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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