MergerPlace

Profitable Fitness Franchise Chain

Virginia


  • Asking Price: $1,299,000
  • Gross Income: $1,715,245
  • Cash Flow: $489,172
  • Real Estate: Not Disclosed
  • Inventory: $8,800
  • FF&E: $417,038
  • Listing ID: #211174
  • Established: 2015
  • Employees: 11 FT / 3 PT

Business Description

Profitable Fitness Franchise Chain with Exclusive Territory Rights. Three Spectacular Franchise locations highlight this grand opportunity in Southern Virginia. These Member Based, High Energy Fitness Center facilities began operations in 2015 and continue a sharp growth trajectory. Revenue is projected to finish 2018 over $1.7M, producing cash flow, or discretionary earnings just under $500k. The three facilities collectively span in excess of 10 thousand square feet, providing a space platform which fully and comfortably accommodates their membership activities. The combined facilities have 800 members and growing. Why the strong member base and financial performance? Nationwide the franchise has delivered on a mission to provide an overall health focused high energy workout that’s instructor based and involves a blend of head to toe exercise, cardio conditioning, and resistance training. The exercise regiment is augmented with overall nutrition and is proper diet focused. As a result, members are finding the organization and developed program is assisting them with a gamut of needs from fitness, to health improvement, weight loss and an overall sense of simply feeling great. Further, the system works for men and women in any age bracket. This is a great turn key opportunity with a strong operating infrastructure. Management and staff are in place operating the day to day needs of the business. So a transition will be relatively easy and will be supported by both the current owners and the Franchise operation. The current owners have a life changing experience underway as they are moving out of state and this is the driving force behind their reason to sell. However, it also speaks to the strength and ability of the current Management and Staff as the facilities are running and operating without missing a beat.


Business Details

Primary Business Category: Services - Other Services
Location: Virginia

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 11 FT / 3 PT

Financial Information

Asking Price: $1,299,000
Gross Revenue: $1,715,245
Cash Flow: $489,172
FF&E: $417,038
Inventory: $8,800
Seller Financing Available: No

Property Information

Reason for selling:

Relocation.

Support & Training:

Will train for 3 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers