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Fitness Facility - High Growth Potential
Location: Canada -> Ontario -> Ottawa
Industry: Franchises > Service

Business Summary

Business Overview
Located in Ottawa, Ontario, Canada, the ''Company'' is a high end prestigious, highly sought after franchise fitness facility. Through a unique focus on personal attention, customized programs, outstanding service and close associations with the regions health and wellness community, the Company differentiates itself among its competitors. With a well established membership base, the Prospective Buyer can feel confident that they are acquiring a stable revenue base.

Business Highlights
This franchise location opened for business in April of 2013 as the eighth Franchise location. The Franchise has now grown to fourteen Ottawa area locations. Brand notoriety is ever expanding with further franchises due to open in Toronto and Quebec. The Franchisor is a highly regarded ''fitness celebrity'', with two exclusive local weekly radio programs, who has established a strong reputation and has forged many strategic partnerships in the market.

Growth Potential
This is a great opportunity for a Prospective Buyer who is interested in becoming an owner or owner/operator to acquire the Company's assets and take it to the next level. The Company's services are highly sought after and are part of a growing social and economic trend. The fitness industry continues to grow as a healthy lifestyle becomes more embedded in the social consciousness of Canadians. A physical regiment is now part of Canadian's daily lives more than ever, therefore, it has become an essential part of their economic reality.

Financial Snapshot:
FY2013 FY2014 FY2015
Revenue $177,702 $406,452 $416,000

Location and Facilities
The Company is a 6000 sq. ft. facility consisting of a large fitness class studio, a separate personal training studio, both fully equipped. There is also a juice and coffee bar plus women's and men's bathrooms with showers. The walls are dawned with the photos of the Franchisor's many high profile celebrity and professional athlete clien


Asking Price Range:  $250K - $500K
Gross Revenues:   $416,000
Cash Flow:   $42,000
Cash Flow Type:  EBITDA
Inventory:  YES
Seller Financing:  Yes

About The Business

Year Established:  2013
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes


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Fitness Facility - High Growth Potential Photo 1

Print Listing Id: 700234606
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