Profitable, Easy To Run, Boutique Fitness Business

$250,000

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Asking Price:$250,000
Cash Flow:$90,000
Gross Revenue:$315,000
Rent:$6,500 /Month
Established:2017

Business Description

What a jewel! Breakeven the first year. $75k profit in year two and $90k profit in year three. This easy to run, women centric fitness franchise caters to 30-50 years old who want to get a great workout in a clean, fun, comfortable group setting.

Detailed Information

Location:
Troy, MI
Real Estate:
Leased
Building SF:
7,500
Lease Expiration:
N/A
Employees:
3 part-time
Facilities:
Total of 7500 square feet with 5500 dedicated to the gym. The remaining 2000 sq. ft. is available to add a juice bar, kids bootcamp or landlord can sublease.
Competition:
Typical competition but the niche provide long-term loyal members and you don’t need a lot to be successful because the rent and overhead is so low.
Growth & Expansion:
The Club currently has 190 members. Grow the membership to 300 and double your profits! You can also easily open more clubs, very scale-able.
Support & Training:
Owner will provide training and support as well as the Franchisor.
Reason for Selling:
Owner is newly married and moving out of state.
Franchise:
This business is an established franchise
Listing ID: 1055e66e18985594

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