Chester Cty Group Training Studio

www.GlobalBX.com

Listing ID: 700339755

Listing Title: Chester Cty Group Training Studio

Quick Link: http://www.globalbx.com/listing.asp?bId=339755

Industry: Health and Medical

Industry Segment: Health Clubs and Spas

Country: United States

State / Province: California

Area

City:

Asking Price Range: < $250K

Gross Revenues: $331,407

Cash Flow: $143,002

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2018

Number of Employees: 4 - 5

Business Description:
2019 Net Seller Earnings Proforma = $143,000 for Owner Operator. Currently runs $107,002 with a near Absentee Owner! PRICED TO SELL AT $120,000. Seller expects conditioned offers to be received for review by October 31, 2019. New Studio Territories Cost between $150,000 - $213,000 and start with ZERO members! NO FRANCHISE FEE FOR BUYER (Currently $49,600 for new franchise buyers!) Seller will pay the $7500 Transfer fee out of sale proceeds and the broker commission. Approx 85 Members on annual, AUTO RENEW contracts, EFT $16K month. Act fast as this money maker is poised to grow and WILL move quickly! Urgent other business priorities require brisk transition from this successful studio location in an affluent Chester county suburb. Your opportunity to take over what has been built by one of the top performing owners in the USA, WHO WAS referred to the network by Home Ofiice as a Model Example of Best Practice in how to launch and immediately grow a new location. Hugely successful Franchisor- Parent is 2 years listed Entrepreneur Magazine top low cost franchise, Franchise 500 List, and they have nearly 800 locations worldwide. They developed the most popular 30 minute, high intensity, group fitness workout model on the planet! Twice the results in half the time in a supportive results environment. Seller will personally train and mentor new owner to guide you in your growth. This Franchise has the some of the lowest royalties in the business and provides amazing marketing lead gen, support, systems, training, and technology. See how rewarding, FUN and easy to manage it can be to earn significant income with this system! This club is profitable and is staffed with a Killer Team: Sales/Asst Manager and a Head Coach and Skilled second Coach, and an Admin who would stay on. An owner operator would earn $140K + net annual at current revenues. Attention group fitness - boot camp- instructors, trainers and coaches! If you are an aspiring fitness enthusiast



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