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Turnkey Franchise Fitness Studio-Beach Location-Price Reduced For Sale

Florida, US
Asking Price:
$275,000 Furniture / Fixtures included
Sales Revenue:
$292,201
Cash Flow:
$95,882

This is an excellent opportunity to acquire an established franchised fitness studio in a prime retail location. This is an opportunity to step into a profitable turn-key fitness business with a growing client base and avoid the startup cost and effort of a buildout. The 1425 square foot facility is fully operational and includes all the equipment to support continued growth.

This studio offers a unique range of fitness services that cover Cardio, Strength training and Flexibility. Classes are available seven days per week at a range of convenient times. Multiple membership plans are available to fit your schedule and budget. The studio is stocked with various amenities to support your workout including Filtered water, Healthy snacks, Self-locking lockers, and changing rooms.

This business is fully staffed with twelve experienced and certified instructors, and a part-time manager. This studio that underwent a major renovation in 2019, is furnished with top-of-the-line equipment and an environment that has been meticulously maintained. The owner works less than five hours per week, and overseas operations, payroll, and ordering retail product. The owner is prepared to facilitate a transition to the new owner. This will allow for a smooth transfer while retaining the invaluable knowledge and expertise of the owner. Additionally, a comprehensive training program and ongoing support is provided by the franchisor.

Property Information

Real Estate:

Lease

Lease Terms:

March 31, 2027.

Lease Rent:
$30 per sq ft per annum
Premises Details:

This studio operates in a modern, high-profile 1425 square foot boutique fitness studio in a central, high-traffic location. Fully renovated in 2019 with updated lighting, sound system and flooring. The monthly rent, including NNN is $3,557.75. The current lease expires March 31, 2027.

Size in square feet:
1,425

Business Operation

Management type:
This business has absentee ownership.
Competition / Market:

The business is located in an upscale shopping center that underwent renovations in 1995, and received an exterior upgrade in the last five years. It is situated at a signalized intersection and offers easy ingress/egress, as well as superior traffic counts.

Reasons for selling:

Other interests

Employees:
13
Years established:
2012

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

The owner is prepared to facilitate a transition to the new owner. This will allow for a smooth transfer while retaining the invaluable knowledge and expertise of the owner. Additionally, a comprehensive training program is offered by the franchisor.

Furniture / Fixtures value:
$20,000 - included in the asking price