Great Opportunity - Motivated Owner of Successful Gym
Destin, FL
| Asking Price: | $69,000 |
| Gross Revenue: | $301,147 |
| Established Year: | 2020 |
| Cash Flow: | $23,751 |
| FF&E: | $60,000 |
Listing ID: 2304995Listing provided by BizBuySell
BUSINESS DESCRIPTION
Successful gym training franchise offering functional group fitness classes led by a certified personal trainer. All equipment is included. Staff is expected to stay. Franchise approval is required. There is a franchise transfer fee, currently that is $15,000 (25% of current initial franchise fee). Owner is Motivated to Sell and has priced it accordingly.
DETAILED INFORMATION
Location
Destin, FL
Inventory
Not Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Rent is currently $9,509.18 for an approximately 3,000 square feet open area building. There is ample parking. There is an opportunity to negotiate a new lease or secure a new location shortly after the first of the year.
Competition
There is only one real competitor in the area that has a similar program. However, there is a lot of opportunity for another franchise location in the Destin / Ft. Walton, Panama City area.
Growth & Expansion
Expand the size to enable more classes and equipment and new locations in the Destin area (per franchise rules).
Support & Training
Training as agreed to in purchase agreement.
Reason for Selling
Other Interest
Franchise
This business is an established franchise
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