MergerPlace

Membership Based Kickboxing Franchise

Florida (Broward)


  • Asking Price: $175,000
  • Gross Income: $451,140
  • Cash Flow: $64,079
  • Real Estate: Not Disclosed
  • Inventory: $4,500
  • FF&E: $50,000
  • Listing ID: #206670
  • Established: 2015
  • Employees: 2 FT/ 6 PT

Business Description

Reason for Sale: Absentee Owner- Membership based Kickboxing Franchise with over 500 active members. One hour classes with coaching staff in place. Great end cap location in a busy shopping center in NW Broward (Movie Theater & National Restaurant Chain). Lease extends to 2030. 3000 sq ft facility. Over $200k+ invested in initial build-out and equipment. Great books & records. Owner benefit for an owner operator replacing the manager. All employees are W2. Visa qualified (2016 & 2017 Tax Returns on file). Royalties 7% (6% Royalties-1% Marketing). Franchisor has 200 locations nationwide with aggressive plans to grow. 2 additional territories included in the price for future expansion. Excellent POS system included in the sale. Buyer pays landlord and franchise transfer fee.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Broward

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT/ 6 PT

Financial Information

Asking Price: $175,000
Gross Revenue: $451,140
Cash Flow: $64,079
FF&E: $50,000
Inventory: $4,500
Seller Financing Available: No

Property Information

Facilities:

Shopping Center in Coral Springs-End Cap Location. 3,083 sq. ft. Rent is $7,212 and lease expires 05/1/2020 with two - 5 yr. options.

Reason for selling:

Absentee Owner.

Support & Training:

Will train for 1 week @ no cost.

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers