Three profitable, popularly themed group fitness studios in prime Northern Virginia locations plus franchising rights
- Asking Price:
- $1,500,000 Furniture / Fixtures included
- Sales Revenue:
- $2,100,321
- Cash Flow:
- $499,241
Business Operation
- Expansion Potential:
-
The fitness industry is growing at a steady pace and boutique studios, which already comprise roughly 40% of the total, are growing at more than 5X the rate of the overall market. In addition, the current management has laid the foundation for massive expansion through franchising.
- Competition / Market:
-
Boutique studio members pay more on average than other fitness industry members & nearly 3x as much as members of traditional facilities.
- Reasons for selling:
-
Focus on other business interests
- Trading hours:
-
M-F 5am-9pm, Sat 7am-1pm, Sun 8am-1pm
- Employees:
- 33
- Years established:
- 2017
Other Information
- Support & training:
-
# of Weeks Seller Will Offer Training: 2
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Furniture / Fixtures value:
- $250,000 - included in the asking price
