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Business for Sale

Listing #S68069

4 Profitable Curves Franchises

Fast growing area, lots of potential!

Seize this opportunity to join one of the world?s most successful franchise companies. These established Curves clubs in the fast-growing Central Florida area have been a profitable and relatively easy to run business. With Florida growing fast and the baby boomers approaching retirement, there's no better time to join this successful company. Why not jump into a successful franchise and run a profitable, relatively uncomplicated business, just a short drive from beautiful beaches and all the attractions Orlando has to offer? Complete business summary with financials, photos and virtual tour available upon request. The Curves franchise has truly cornered the market- check out these numbers for 2005: #1 Fastest Growing Franchise Ever (Entrepreneur) #1 Fitness Business Franchise (Entrepreneur) #1 Low Cost Franchise (Entrepreneur) #2 Best Franchise Company (Entrepreneur) 8th largest franchise company in the US, 10th largest in the world (Franchise Times) World's largest fitness franchise with 9,300 locations worldwide (Entrepreneur)

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Primary Business Category: Retail Trade - Health & Personal Care (SIC 59, NAICS 446)
Secondary Business Category: Services - Other Services (SIC 76, NAICS 810)
Location: Florida
Metropolitan Area: Central FL
Listed by: An Intermediary
 

Financial Information

Gross Revenue: $473,364 Asking Price: $514,000
Current Year Projected Revenue: Not Disclosed FF & E (included): $100,000
EBITDA: $264,560 Inventory (included): $10,000
Current Year Projected EBITDA: Not Disclosed Real Estate (included): Not Disclosed
Profitable: Yes Transaction Sought: Asset
Business Type: S Corporation Payment Requested: Cash
Financials: Compiled Seller Financing Available: No
 

Company Information

Year Established: 2003 Home Based: No
Number of Employees: 6 to 10 Franchise: Yes
Management: Available to Stay Distressed: No
Non Compete Agreement: Negotiable Relocatable: No
Reason for Sale: Owner's other business has expanded
Fiscal Year End: December
Ownership: Private
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Key Employees

1 manager, 5 part-time employees are ready and willing to stay on.

Facilities

Two Clubs are 2400 SF, one is 1550 SF, and the fourth is 1200 SF. All are located in high traffic strip malls with plenty of parking and have low priced leases with options to extend with minimal price escalations now and in the future. Great layouts- all clubs are fully equipped with ample room for the circuit training, dressing rooms, large restrooms and places to relax and enjoy the comradarie that Curves encourages.

Market Share

Curves brand dominates the market with over 9,300 Clubs operating worldwide. The first fitness and weight loss facility dedicated to providing affordable one-stop exercise and nutritional information for women, Curves' success stems from its proven innovative 30-minute workout. While competition exists in all four markets, it hasn't had a consequential impact and no additional Curves will enter these four towns.

Competition

A full time owner-operator would boost profits. Merchandising opportunities (nutritional supplements, weight loss products, etc.) are thus far untapped.

Other Information

Curves Corporate in Waco, TX provides one week of training as part of the transfer fee. The Owner of these four Clubs will also offer an additional week to further orient the new Owner.