Personal Training Studio - Group & Individual

www.GlobalBX.com

Listing ID: 700191657

Listing Title: Personal Training Studio - Group & Individual

Quick Link: http://www.globalbx.com/listing.asp?bId=191657

Industry: Health and Medical

Industry Segment: Health Clubs and Spas

Country: United States

State / Province: Pennsylvania

Area

City: Chester County

Asking Price Range: < $250K

Gross Revenues: $96,000

Cash Flow: $2,500

Cash Flow Type: EBITDA

Year Established: 2001

Number of Employees: 1 - 3

Business Description:
Est. 2001, this Personal Training franchise is perfect for the Fitness Professional who wants to reap all the benefits and rewards of business ownership. Work with individual personal training clients in our private training suite and lead small groups of 2-4 men/women in group personal training sessions. Just started year 3 in current 5 year lease (2400 sq. ft. space). Current lease also has 5 year option to continue. Location is the byword in this community of upscale homes and businesses. Shopping center includes brand-new grocery store anchor plus just-opened fine dining establishment. Sale includes 3 rooms of top-line, almost-new fitness equipment including Life Fitness cardio and Smith machine equipment, 2 Paramount Functional Trainers, 2 complete sets of dumbbells from 3-60#, barbells, weight plates from 2.5-45#, kettlebells, bands, medicine balls, AED, TV and more Studio was completely remodeled in 2010 with new furnishings, carpeting, paint and decor. Price includes all furniture, furnishings, office equipment including computer system, fax, phones, credit card processor and more. Buy this now from the franchisor and you'd pay 230K plus! Additionally, a second franchise-only owned by the current owner is available to the purchaser of this franchise and will be included at no extra cost. That alone sells for 34K by franchisor. Many locations available for the second franchise to be opened boty locally, regionally or out-of-state. ISSA PT certification program worth $500 also included. Current owner, who has been absentee, is 60+ needs to retire from ownership due to health. This is reflected in the attractive pricing and desire for a quick settlement. Current part time trainers may be available to stay on. Current owner will offer present studio manager/trainer for transition assistance for a period of 2 weeks as the new owner gets acclimated. This is an amazing opportunity for a fitness professional with an entrepreneurial bent.



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