Orangetheory Fitness - Baton Rouge
Baton Rouge, LA
| Asking Price: | $500,000 |
| Gross Revenue: | $650,000 |
| Rent: | $8,400/Month |
| Established Year: | 2015 |
| Cash Flow: | $120,000 |
| Inventory: | $3,000 |
| FF&E: | $250,000 |
Listing ID: 2231228Listing provided by BizBuySell
BUSINESS DESCRIPTION
Orangetheory is a heart rate based, high intensity workout. This studio was previously one of the networks largest (1300 studios across the country). 16% YOY growth. New team in place.
No money down, simply take over the EIDL SBA loan at 3.5%.
DETAILED INFORMATION
Location
Baton Rouge, LA
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
01/05/2034
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Treadmills, rowers, and equipment to host classes of up to 42 members at a time.
Competition
Orangetheory is the number one boutique fitness franchise in the country with over 1300 locations.
Growth & Expansion
The studio was at 1200 members pre covid. We have added 50 members in the last three months. The new owner ideally would be excited about the product and interested in growing the community here in Baton Rouge. Current owners are looking to relocate out of state.
Financing
EIDL SBA Loan take over
Support & Training
2 months onboarding support to the team along with extensive franchise support.
Reason for Selling
Moving
Franchise
This business is an established franchise
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