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Unique Exercise Studio For Sale

Huntsville, Alabama
Asking Price:
$120,000 Furniture / Fixtures included
Sales Revenue:
$120,000
Cash Flow:
Available on request

A personal strength training studio providing a 20 minute total body workout that only has to be done once or twice a week to maintain maximum health and fitness. Our certified trainers set the Nautilus machines up for the client and monitor and record every second of the workout. The facility is kept at 68 degrees and spotlessly clean so clients can work out in the clothes they are wearing for the day. Workouts are by appointment from 7 am to 7 pm every weekday. We have been in business for 4 years and have had a positive cash flow almost from the beginning. We are located on the edge of Research Park which gives us great access to the perfect population for our type of workout. The business is easy to operate and has a high earning potential.

Property information

Real Estate:

Lease

Lease Terms:

Five year lease ends in July 2019

Leasehold Rent:

$21,947 per annum

Living Accommodation:

There is an employee break room with a small kitchen.

Premises Details:

Small, professional office complex

Size in square feet:
1,500

Business Operation

Expansion Potential:

The facility and hours would accommodate more that 4 times our current revenue, exceeding 500K.

Competition / Market:

Uses a unique exercise protocol that is unlike anything else available in Huntsville. It competes with other exercise methods.

Reasons for selling:

Retiring.

Trading hours:

M-F 7am - 7pm. Sat 8am-12pm

Employees:
Three employees and four owner/employees.
Years established:
Opened for business on October 1, 2014.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

7% royalty on all sales paid to franchisor

Other Information

Support & training:

We will help train clients while the new owner(s) are being certified to train. We will help in the certification process.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owners may be willing to finance part of the sale price.

Furniture / Fixtures value:
$50,000 - included in the asking price

Contact Information

    1. Your Address

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