Brand New Interval Training Studio

$399,000

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Asking Price: $399,000 
Rent: $8,800 /Month
Established: 2019

Business Description

Hot, new franchise in the popular “interval training” space. Studio is located in downtown D.C. and opened only 5 months ago.
All the hard work has been done for an enterprising new owner to come in and reap the rewards.Business Highlights
• $300,000 of infrastructure and equipment – all new as of Q1-2019
• Cash flow positive by month 3
• Perfect location in downtown DC to attract key demographic (F/30)
• Demand is growing with new buildings and tenants coming to the market
• Long-term, below market lease
• 20-mile brand radius restriction for DC
• Great relationship with managers of neighboring residential buildings
• Strong membership base with tremendous upside
• 4.9 star average rating across all platforms
• Good social media presence
• Great coaching team
• Simple to manage physical plant Brand Highlights• Great brand with proven track record in multiple cities
• Brand continues to expand to new markets
• Centralized programming from HQ (plug and play for coaches)
• Standardized formats
• National marketing and event exposure

Detailed Information

Location:
Washington, DC
Real Estate:
Leased
Building SF:
2,133
Employees:
4
Facilities:
2,133 square feet, new finish-out.
Competition:
Typical competition but this is a narrow niche where you only need 100-200 members.
Growth & Expansion:
Easily scalable. Plug & Play.
Financing:
Possible
Support & Training:
Yes – as much as needed from the Seller and Franchisor.
Reason for Selling:
Plan was to build it and sell it

Contact us here for more information.

 

Listing ID: 9975d2bdbb48153a

Map


  •   District of Columbia