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Unique Turn-key Fitness Studio Franchise - Price Reduced For Sale

Raleigh, North Carolina, US
Asking Price:
$99,000 Furniture / Fixtures included
Sales Revenue:
$266,714
Cash Flow:
Not applicable

This is an excellent opportunity to acquire an established franchised fitness studio in a great Raleigh location. It is not often that you can step into a turn-key fitness business with a growing client base and avoid the startup cost and effort of a buildout. The 4000 square foot facility includes three distinct fitness studios, that include ample equipment to support continued growth.

This studio offers a unique range of fitness services that cover Cardio, Strength training and Flexibility. Classes are available six 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. The studio has over 150 5-star Google reviews.

This business is fully staffed with nine experienced and certified instructors, many that have been with the studio since opening, that work as W2 employees. This studio is furnished with top-of-the-line equipment and a spa-like environment that has been meticulously maintained. The owner works approximately three-quarter time, oversees the operations and fills in occasionally if needed to teach a class. The owner is prepared to facilitate a smooth transition to the new owner. Training is also provided by the franchisor. This will allow for a smooth transition while retaining the invaluable knowledge and expertise of the owner.

Property Information

Real Estate:

Lease

Leasehold Rent:

$141,264 per annum

Location:

High-traffic street in a large shopping plaza

Premises Details:

Fully equipped 4000 Square Foot facility

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Grow membership through advertising and social media. Possibility to open on Sundays.

Competition / Market:

Unique gym and combination of services offered, unlike most other gyms

Reasons for selling:

Personal commitments

Trading hours:

Monday: ~5:30 AM - 7 PM
Tuesday: ~5:15 AM - 7 PM
Wednesday: ~5:30 AM - 7 PM
Thursday: ~5:30 AM - 7 PM
Friday: ~5:30 AM - 7 PM
Saturday: Morning classes (e.g., 6 AM - 10 AM)

Employees:
14 plus part time working owner
Years established:
2021, current owner purchased in March of 2024

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Owner willing to assist to ensure a smooth transition. Comprehensive training program by franchisor including on-going support as well.

Furniture / Fixtures value:
$132,330 - included in the asking price