MergerPlace

Fitness Innovation Market Leader

Washington (King)


  • Asking Price: $500,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #211382
  • Established: 2018
  • Employees: 1 FT

Business Description

The franchise is part of the Rapidly Growing Market Leader in Fitness Innovation. They have achieved the impossible--the best types of workouts based on world-class research with a different 45 minute workout every day. Each class is a unique High-tech, high intensity environment providing a dynamic and fun experience. The business opportunity for sale is in the Start-up phase. Its grand opening is Spring 2019 in a very good location in a dynamic market. There are low monthly expenses which only needs approximately 175 members to break-even. The franchise royalty fee is a fixed amount per month. Its sister franchise in a similar local market achieved over 400 pre-sales. A buyer will receive a Franchise Disclosure Document from the Franchisor.


Business Details

Primary Business Category: Services - Other Services
Location: Washington
County: King

Company Information

Year Established: 2018
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 FT

Financial Information

Asking Price: $500,000
Seller Financing Available: No

Property Information

Facilities:

Located in a new mixed-use pedestrian oriented project in a growing and desirable area with excellent household demographics--the top 6% of highest/Capita income in Washington. Lively streets with wide sidewalks with built-in rental living, incredible unique retailers and restaurants serving residents and tourists. There are NO other rental locations for a fitness facility in the greater area currently available.

Growth & expansion opportunities:

Health and Wellness is big business in the U.S. This Franchisor is growing rapidly in over 30 countries and these centers are highly popular. This business opportunity is in the perfect location to thrive. The system is a tried and tested formula to maximize margins for owners and health benefits for clients.

Competition:

The market for fitness and health is growing but it is highly competitive. This franchise has created a unique system that sets itself apart from competitors.

Reason for selling:

Seller is a serial entrepreneur. His vision is to bring the most innovative fitness centers to greater Seattle/Bellevue/Eastside. He has launched two and is in the start-up phase with the third in a growing lifestyle center. He plans to build even more.

Support & Training:

Will train for 4 weeks @ $0 cost. Offers a unique experience merging 3 separate leading-edge fitness training styles into one. No prior fitness knowledge is required by Franchisor. Franchisor provides full training, ongoing training in exercise systems and regimes, music, marketing, technology and support.

Contact Business Seller

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Business Listed By:

Judy Elrod

Murphy Business Brokers