NOT DISCLOSED, Texas
| Asking Price |
$149,000 |
Year Established |
2011 |
|
| Annual Revenue |
$238,106 |
Reason for Selling |
Moved Out of State. |
|
| Annual P/L |
|
Attention |
Steven Graham |
|
| Annual Cash Flow |
$95,919 |
Listing Number |
664140 |
|
| # of Employees |
|
Business Category |
Recreation: Gyms, Health & Fitness, Sports |
|
Business Overview:
Located conveniently in the fast-growing Collin County, Texas area, this highly rated fitness studio is the perfect investment for someone wanting a well established, profitable and growing fitness center or to add an exceptional location to their portfolio of existing fitness studios. The fitness studio offers 24/7 access, free weights/cardio equipment, group boxing classes, yoga classes, bootcamp sessions, and so much more. Established in 2011, the fitness studio boasts over 250+ members and continues to grow its membership each year. The fitness studio is smartly laid out in a 6,000 sf facility that has been designed to feature the boxing/bootcamp/yoga portion of the studio on one half of the facility and the other half being focused on free weights and cardo equipment allowing members to focus on whichever type of workout they are wanting to engage at that moment. The business continues to grow with CY 2023 revenue of $238k (8% growth over 2022) and CY 2023 SDE of $96k (a 12% CAGR since 2021).
Property Features and Assets:
<p>Monthly Rent: $8,049.51</p>
<p>Square Units (Foot, Meter): 5,970</p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity