MergerPlace

Fast Growing Boxing Club!

Michigan (Kent)


  • Asking Price: $325,000
  • Gross Income: $351,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $40,000
  • Listing ID: #213821
  • Established: 2015
  • Employees: 13

Business Description

The business is a boxing-inspired, bootcamp-style, fitness club. The Company was the first of its kind in the area and has grown dramatically since it opened in 2015. The Company has a general manager in place allowing the owners to live over 4 hours away and work only a handful of hours per week. The Club has a great location on a high-traffic street and offers various membership and workout options. Inquire today for more information!
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Business Details

Primary Business Category: Services - Other Services
Location: Michigan
County: Kent

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 13

Financial Information

Asking Price: $325,000
Gross Revenue: $351,000
FF&E: $40,000
Inventory: $3,000
Seller Financing Available: Yes

Property Information

Facilities:

3,400 sq. ft. club on a high traffic street.

Growth & expansion opportunities:

Growth Opportunities Include: (1) Owner Involvement: A local owner overseeing more of the day-to-day operations could easily identify high-value growth opportunities. (2) Street Marketing: Community involvement and participation in 5Ks, events, and Expos is one of the most effective ways to increase memberships. (3) Personal Training: An increased focus on personal training would build stronger client relationships and encourage more memberships.

Competition:

Investment Highlights Include: (1) Location: The fitness club is located in a high-traffic area surrounded by many retail establish-ments. (2) Fully Operational Franchise Branch: The branch is fully equipped and has systems and procedures fully in place with excellent staff. It is also profitable and has grown each year since opening. (3) Well-Established and Supportive Franchisor: The franchisor provides excellent training and support to franchisees to ensure their success.

Reason for selling:

The owner lives over 4 hours from the business and is interested in finding something closer to home.

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC