This well-known high-end fitness studio in Northern New Jersey has been operating successfully for 8+ years with an impeccable reputation and an extensive list of repeat customers. Their services include one-on- one and small group personal training. This is an excellent opportunity for an investor looking for a proven business model with the advantages of a franchise operation.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm. A full valuation report by a national valuation firm is included in the prospectus. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner-operator will obtain more than $20k benefit in after-acquisition-debt cash flow.
(ALL DATA BASED ON SIGNED TAX RETURNS)
The studio is located in a very desirable location in a strip mall in Northern New Jersey.
It is projected that a new owner will obtain additional growth by expanding the direct marketing/advertising efforts with a minimal investment of $30k. The company projects a revenue growth rate under such premise of 100%+ per year.
The company enjoys a competitive advantage by offering personal service with personal attention and accountability to a high income, long term repeat customer base.
Focus on Other Investments
A comfortable one month transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller is also the area Director of the Franchisor and will always be working with the new owners. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.