Location: Federal Way, WA (King County)
Asking Price: $220,000
Gross Revenue: $203,000
Cash Flow (SDE): $60,000
FF&E Value: $161,000 (Included)
Established: 2016
Investment Thesis
This is a premier opportunity to acquire a high-performing, turnkey boutique fitness franchise located at the busiest intersection in the Pacific Northwest. While "big-box" gyms focus on volume, this studio dominates the local market by providing a personalized, community-centric experience that drives high member retention and premium margins.
With an asking price of $220,000 and a significant asset base of $161,000 in equipment, a buyer is stepping into a stabilized revenue stream with a massive competitive moat and a prime lease in a high-visibility retail hub.
Facility & Asset Highlights
Massive Footprint: At 4,342 sq. ft., this facility is three times the size of a standard training studio, allowing for large group classes, small group training, and "open gym" usage to occur simultaneously.
Modern Aesthetic: Recently repainted and redecorated in a contemporary boutique style.
Premium Amenities: Includes two single-use bathrooms, two private shower rooms, a dedicated office, and a staff break room.
Tech-Forward Operations: Equipped with a 24-hour key-fob access system, LED lighting, a 6-TV wall-mount array, integrated sound system, and an HD video surveillance system.
Unbeatable Rent: Exceptional lease rate of just $1.41/sq ft ($6,112/mo) for one of the most trafficked locations in the state.
The "Boutique" Advantage
Personalized Revenue: Unlike low-cost gyms, this business thrives on higher-margin services including 1-on-1 personal training, small group coaching, and virtual programming.
24/7 Accessibility: The automated key-fob system provides members with highly valued private gym access around the clock, requiring zero additional staffing costs for off-hour usage.
Proven Staffing: Currently operated by a reliable team of 6 (2 Full-time, 4 Part-time), allowing for a smooth transition for an owner-operator or semi-absentee investor.
Growth & Scalability
The foundation is built for a "multi-unit" play. The current momentum suggests a new owner could be ready to open a second location within 12 months. Immediate revenue-boosters include:
Ancillary Services: Introduce Yoga, Pilates, or Dance Fitness to utilize the large studio space during off-peak hours.
High-Margin Retail: Launch in-studio sales for supplements, recovery drinks, and branded merchandise.
Wellness Expansion: Add sauna or cryotherapy services to cater to the premium fitness demographic.
Support & Transition
Seller Financing: Available to qualified buyers, demonstrating the seller's confidence in the business's continued success.
Elite Training Package: The seller is offering comprehensive training across all categories, including marketing, lead nurturing, sales tactics, staff management, and community building.
Reason for Sale: Current owner is seeking to open a new location closer to home as the local lease renewal approaches, creating an ideal entry point for a new buyer.
Financial Snapshot
Price/SDE Multiple: 3.6x
Price/Revenue Multiple: 1.08x
Asset-Backed: Nearly 75% of the asking price is covered by high-quality FF&E.
