NOT DISCLOSED, Florida
| Asking Price |
$275,000 |
Year Established |
2012 |
|
| Annual Revenue |
$292,201 |
Reason for Selling |
Other interests |
|
| Annual P/L |
$95,882 |
Attention |
Stephen Zimmerman |
|
| Annual Cash Flow |
$95,882 |
Listing Number |
1006131 |
|
| # of Employees |
13 |
Business Category |
Recreation: Gyms, Health & Fitness, Sports |
|
Business Overview:
This is an excellent opportunity to acquire an established franchised fitness studio in a prime retail location. This is an opportunity to step into a profitable turn-key fitness business with a growing client base and avoid the startup cost and effort of a buildout. The 1425 square foot facility is fully operational and includes all the equipment to support continued growth.
This studio offers a unique range of fitness services that cover Cardio, Strength training and Flexibility. Classes are available seven days per week at a range of convenient times. Multiple membership plans are available to fit your schedule and budget. The studio is stocked with various amenities to support your workout including Filtered water, Healthy snacks, Self-locking lockers, and changing rooms.
This business is fully staffed with twelve experienced and certified instructors, and a part-time manager. This studio that underwent a major renovation in 2019, is furnished with top-of-the-line equipment and an environment that has been meticulously maintained. The owner works less than five hours per week, and overseas operations, payroll, and ordering retail product. The owner is prepared to facilitate a transition to the new owner. This will allow for a smooth transfer while retaining the invaluable knowledge and expertise of the owner. Additionally, a comprehensive training program and ongoing support is provided by the franchisor.
Property Features and Assets:
<p>The studio operates in a modern, high-profile 1425 square foot boutique fitness studio in central high-traffic location. Fully renovated in 2019 with updated lighting, sound system and flooring. The monthly rent, including NNN is $3,557.75. The current lease expires March 31, 2027.</p><p><br></p><p> </p><p>The business is located in an upscale shopping center that underwent renovations in 1995, and received an exterior upgrade in the last five years. It is situated at a signalized intersection and offers easy ingress/egress, as well as superior traffic counts. </p><p> </p><p> </p>
Market Competition and Expansion:
<p>While there certainly are other gyms in the area, each provides its unique programs and value. This is a unique training studio that focuses on low-impact, small movements that strengthen and tone in 50 minutes or less. There are few competitors in the area. The studio is in a high-profile, central location providing an unparalleled advantage.</p><p> </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