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Fitness Franchise With Exclusive Territory Rights
Location: United States -> Virginia
Industry: Franchises > Other Franchises




Business Summary

Profitable Fitness Franchise Chain with Exclusive Territory Rights. Three Spectacular Franchise locations highlight this grand opportunity in Southern Virginia. These Member Based, High Energy Fitness Center facilities began operations in 2015 and continue a sharp growth trajectory. Revenue is projected to finish 2018 over $1.7M, producing cash flow, or discretionary earnings just under $500k. The three facilities collectively span in excess of 10 thousand square feet, providing a space platform which fully and comfortably accommodates their membership activities. The combined facilities have 800 members and growing. Why the strong member base and financial performance? Nationwide the franchise has delivered on a mission to provide an overall health focused high energy workout that's instructor based and involves a blend of head to toe exercise, cardio conditioning, and resistance training. The exercise regiment is augmented with overall nutrition and is proper diet focused. As a result, members are finding the organization and developed program is assisting them with a gamut of needs from fitness, to health improvement, weight loss and an overall sense of simply feeling great. Further, the system works for men and women in any age bracket. This is a great turn key opportunity with a strong operating infrastructure. Management and staff are in place operating the day to day needs of the business. So a transition will be relatively easy and will be supported by both the current owners and the Franchise operation. The current owners have a life changing experience underway as they are moving out of state and this is the driving force behind their reason to sell. However, it also speaks to the strength and ability of the current Management and Staff as the facilities are running and operating without missing a beat.

Listed Price: $1,395,000
For more information, Please contact Frank Chebalo @ 757-524-6032


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,699,724
Cash Flow:   $550,993
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $233,800
Seller Financing:  Yes

About The Business

Year Established:  2015
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will train for 3 weeks @ $0 cost.
Reason For Selling:  Relocation.

Photos

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Fitness Franchise With Exclusive Territory Rights Photo 1




Print Listing Id: 700328646
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