LISTING ID # 36150
Do you have a strong sales or marketing background and love fitness? Now is the time to buy! The fitness industry has recovered, and this is your opportunity to buy a franchised boutique fitness studio. The boutique fitness studio is a growing modality, providing all aspects of fitness—spin, strength, and yoga. The owners spent $900K to build this one-year-old, state-of-the-art fitness studio, but have been spread thin with other business interests. Steal this location for only $49K, or the best reasonable offer! Keep the current franchise or bring in your own fitness concept. The sale price includes all furniture, fixtures, and equipment—24 bikes, strength equipment, AV equipment, and separate space for spin, strength, and yoga. There are several anchor stores in the shopping center! A new owner committing to 15-20 hours a week will benefit from significant cost savings and performance improvement. Currently, two managers are running the business. Eliminating one manager will save close to $50k annually. There are around 500 high-end condos nearby. An engaged owner can organize events to attract a higher-income clientele to the condominiums. There are 7.5 years left on the current lease. We are seeking a serious and financially qualified buyer with at least $110K in liquid funds to cover the $99K business asking price plus rent security. All site visits must be discreet. Please do not speak with anyone when visiting the location.
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