KNOXVILLE, Tennessee
| Asking Price |
$75,000 |
Year Established |
2011 |
|
| Annual Revenue |
$185,000 |
Reason for Selling |
Changes in family health |
|
| Annual P/L |
$0 |
Attention |
Buyer Services |
|
| Annual Cash Flow |
$40,453 |
Listing Number |
1003719 |
|
| # of Employees |
15 |
Business Category |
Recreation: Gyms, Health & Fitness, Sports |
|
Business Overview:
A profitable Neighborhood Barre franchise is available in a highly desirable area of Bearden, Knoxville, Tennessee. The studio is considered a fitness "boutique", offering high-end barre classes and premium fitness apparel. This established studio operates under a nationally recognized fitness brand and offers a turnkey opportunity for a new owner to step into a proven concept with strong local awareness and an existing membership base.
The business benefits from recurring revenue through memberships, a fully built-out studio, and all furniture, fixtures, and equipment included in the sale. Day to day operations are supported by trained instructors and established systems, making this an attractive option for an owner-operator seeking a well-run franchise with stability already in place.
Located in an affluent, high-traffic submarket, the studio has developed strong community engagement and brand loyalty. This opportunity is well-suited for a first-time or experienced franchise buyer, a fitness-oriented entrepreneur, or someone seeking a lifestyle business within a proven franchise system.
Property Features and Assets:
<p>We are situated in a fantastic shopping center, directly across from a prestigious old-money neighborhood near downtown Knoxville. The University of Tennessee campus is just one mile away. When we purchased the studio in 2023, we completed a full renovation, ensuring that everything is updated and clean. There’s nothing that needs to be done! The studio is in prime condition.<br></p>
Market Competition and Expansion:
<p>Competitors: Barre 3, Pure Barre, Hylo<br><br></p><p>This business offers strong upside through increased membership sales driven by local marketing, referrals, and improved lead follow-up. Additional growth opportunities include corporate wellness partnerships, expanded retail and branded merchandise sales, and optimizing the class schedule with high-demand time slots or specialty formats. A more engaged owner can also improve retention and operating efficiency, increasing cash flow without significant added expense.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity