Current sellers have owned since inception at original location, now celebrating 9+ years and highly motivated. Experiencing membership and group fitness growth from observed health focus during COVID in addition to community engagement. We look forward to meeting the new owner(s)!
- Asking Price:
- $139,000
- Sales Revenue:
- $257,673
- Cash Flow:
- $73,449
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $8,542.72
Square Units (Foot, Meter): 5,300
Terms Options: Currently month-to-month due to sale
- Premises Details:
-
Facilities:
2 space lease with ingress/egress door separating, 3 bathrooms, 1 office space, 1 supply room, and 1 tanning bed room.
Business Operation
- Expansion Potential:
-
High and post NDA packet will articulate opportunities existing in market, but also within unique franchise model.
- Competition / Market:
-
Due to the COVID experience, members and the entire community have become intimately aware of health. Over the 9+ years in business many gyms have come-and-gone, but due to the unique model with a great culture this location remains vibrant.
- Reasons for selling:
-
exiting industry
- Trading hours:
-
8am-5pm (CST) staffed
- Employees:
- 9
- Years established:
- 9
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 2
- Inventory / Stock value:
- $148,575
- Relocatable:
- This business can be relocated.