Profitable Women's Gym For Sale - Price reduced For Sale

Franchise terms

$500 Monthly Royalties $195 Monthly Advertising Fees

Business description

If Fitness and Health is a passion- if helping others is a calling, why not make a nice living doing so? Here is an opportunity to Purchase an Already Successful and Profitable Ladies Workout Center in an affluent area of Houston, for a fraction of it's value. This established 30-Minute Women's Gym has a proven track record of success and great untapped potential. Over 70% of memberships are 3 year contracts and all are binding, which helps maintain a consistent cash flow. This club is fully equipped, staffed and ready to go with 325 loyal and happy members, and best of all room to grow. It's priced below market and about a third of what you would pay to start up a club of this nature – before one client sets foot into the door. It's price to sell so contact us today. Serious Inquiries only, confidentiality required for buyers protection. DO NOT TRY TO CONTACT THE GYM

Property information

Real Estate:

Lease

Lease terms:

Current 5 year lease will expire on 10/31/08, providing great flexibility to buyer. There is currently lots of affordable space in the area, making it a renters market. Act now to maximize ability to negotiate with current landlord or find new space.

Location:

1400 sq foot leased space located in a Major Anchor, upscale shopping center with good traffic. The club is located in an area that is adding 150 new residents a month in a 3 mile area making it an ideal environment for additional and continued growth.

Other information

Expansion potential:

The club has an additional private room designed for Personal Training or Massage Therapy that is currently not being utilized so it is not included in current revenue. Adding these types of services will significantly increase profits. There are also endless possibilities for additional product sales, which is currently completely untapped. Possibilities for additional revenue streams are not limited by the franchise. Current owner does not actively participate in the club, so there is great potential for growth with moderate participation in the business. Current owner also owns the right to a second franchise that can be opened anywhere. This right can be negotiated as part of the sale and could increase income potential through expansion.

Competition / Market:

There are no other women's fitness facilities within the clubs five mile market area.

Support & training:

Franchise provides one week training to all new franchisees at corporate headquarters. Seller will provide additional hands on training after the sale.

Reasons for selling:

Seller is original owner and has 2 very young children. This is no longer time for maintaining or growing the business.

Financing available:

Financing assistance available

Furniture / Fixtures value:

$25,000

Inventory / Stock value:

$200

Contact the seller