IM=X Pilates & Fitness Franchised Studio in Fast Growing Frisco, TX

Collin County, TX
Reformer
Asking Price:$75,000
Rent:$7,049
Gross Revenue:$267,874
Established Year:2019
BUSINESS DESCRIPTION

Fantastic Price!

REDUCED - IM=X Franchised Pilates & Fitness Studio located in fast growing, demographically desirable Frisco, TX is being listed for sale at a great value asking price. This studio’s parent brand offers proprietary exercise & fitness programs that incorporate pilates, strength training, back exercise, personal training, cardiovascular exercise, and fitness programs in private, semi-private and group settings. The growth of the fitness & health industry during the last 6 years has a 11.7% compounded growth rate even with 2020 being complicated by Covid. The studio is in a health focused strip center located off a major highway and needs little capital investment. The Seller has owned the studio since 2019 and has limited involvement due to her full-time career position. A full-time owner operator of this studio would enhance the financial performance in a short manner. The Franchisor is very supportive and offers benefits that other franchisors charge additional fees to the franchisee.
To learn more about this exciting opportunity in this growth industry, please submit interest via the business for sale website that you are viewing & I will send our Non-Disclosure & Buyer Profile document to complete or save time by submitting the NDA online via our website, vrdallas.com. Navigate to the business where you have interest & submit the NDA.


DETAILED INFORMATION
Location
Collin County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,200
Lease Expiration
28/06/2025
Employees
13
Facilities
Located in a health focused strip center on a major street thoroughfare off a major highway. Facilities is in turn-key condition with little need for capital injection. Equipment is in good working order.
Competition
There is competition in this fast growing industry but none have the proprietary exercise & fitness classes that this brand offers
Growth & Expansion
Opportunities exist to grow the business with a full-time, engaged operator.
Support & Training
Franchisor Support as well as 2 weeks & 1 month of phone support from Seller if needed
Reason for Selling
Wants to focus on her carrer executive position
Franchise
This business is an established franchise
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Jeff
Goldblatt
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Jeff Goldblatt