Unique Circuit-Training Fitness Studio

New Haven County, Connecticut (New Haven)

  • Asking Price: $224,000
  • Gross Income: $205,582
  • Cash Flow: $110,909
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #210132
  • Established: Not Disclosed
  • Employees:

Business Description

Richman Business Brokerage is exclusively representing a franchised kickboxing studio centrally located in New Haven County. The business is one of multiple locations owned and operated by the current owners, who are selling to focus on two of their gyms closer to their home location. The fitness center’s program is a 30-minute kickboxing style circuit with heart-rate training and nutritional program. This established gym has over 280 members with EFT-paid monthly contract or paid-in-full membership. There are two full-time and three part-time employees, all of whom have been with the facility over a year and hold various fitness certifications. The business operates from a 1,250 sqft commercial space in a busy shopping plaza. The plaza is newly designed and well-kept, with excellent signage and visibility from the high-traffic major CT route. The route receives over 24K cars daily. The franchise provides ongoing support with their turn-key POS system, marketing programs, daily fitness challenges and curriculum, as well as proprietary heart-rate tracking technology. The corporate brand has locations world-wide and offers franchisees new locations for a $100K-$130K investment. All initial start-up has been done by the current owners who have grown this location into an established success, offering a buyers-advantage to purchasing this turn-key existing operation.

Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Connecticut
Metropolitan Area: New Haven County
County: New Haven

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $224,000
Gross Revenue: $205,582
Cash Flow: $110,909
Seller Financing Available: No

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Business Listed By:

David Richman

Pivot Business Brokers