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Price Reduced - Franchise Fitness Business
Location: United States -> Missouri -> St Louis
Industry: Health and Medical > Health Clubs and Spas




Business Summary

Recent Price Reduction priced at $469,000 + Inventory! This successful Fitness Franchise has been built up over the past 6 years. During the Covid-19 mandatory shutdown of fitness facilities, this company has retained 97% of its members. And a new transfer fee is $7.5k (down from $30k). All locations surrounded by dense residential areas. Key Management is in place and this opportunity is set for a new buyer to take it to the next level. An Owner operator could increase earnings from taking on an active role in the business. Sellers are ready to pursue other business endeavors.

Opportunities for growth:
Recently released piece of equipment that creates a new and additional revenue stream. Leverage ''challenges'' for marketing and prospect generation. Provide off-season training for student athletic teams. Partner with non-profit organizations fundraising to bring large numbers of prospects through the door with a single marketing effort. Seller to provide a marketing strategy for the next quarter with purchase. For more information, please call 314.548.2153


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $940,991
Cash Flow:   $285,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $0
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Starting a New Business




Print Listing Id: 700342570
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Missouri Businesses For Sale > Missouri Franchises For Sale > Missouri Business Brokers



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