Boutique Fitness Studio - Exciting Modality Poised for Growth
| Asking Price: | $99,000 |
| Gross Revenue: | $317,697 |
| Rent: | $10,500/Month |
| Established Year: | 2019 |
| Cash Flow: | $73,396 |
| Inventory: | $500 |
| FF&E: | $88,000 |
Owner/Operator with sales background opportunity
Do you have a background in sales and have passion for fitness? Nationally-recognized franchised boutique fitness studio in an exciting and growing modality. Fitness studio is in upscale town in fast-growing and affluent Hudson county location on the waterfront and poised for growth under sales-focused owner with a passion for fitness.
Sale includes a fully-operational studio with members, a team of excellent instructors, all equipment, in a modern studio only 5 years old! Studio is poised for growth under the right ownership.
Price includes franchise territory license valued at $60,000 and FF&E valued at $88,000. Seller pays $10,000 franchise license transfer fee (savings of $50k over a direct license of $60k).
Financials overview:
- Gross revenue is 12 months rolling gross sales based on 12 months from date of this posting.
- Cash Flow is calculated as an owner-operator model and does not include marketing or sales resources such as sales staff, sales collateral, marketing campaigns, etc. Traditionally, the owner is involved in sales and can hire part-time sales staff, or make an investment and hire full-time studio sales manager to grow the business.
- Asking price does not include a $10,000 transfer fee, which is paid by the buyer to the Franchisor.
- New studio buildout would cost over $400k in this area. Get a great deal on an operating studio you can grow.
