Profitable Portfolio of Boutique Fitness Studios - NoVA
Virginia
| Asking Price: | $649,000 |
| Gross Revenue: | $2,101,527 |
| Established Year: | 2017 |
| Cash Flow: | $241,693 |
| FF&E: | $250,000 |
Listing ID: 2231886Listing provided by BizBuySell
BUSINESS DESCRIPTION
Three profitable, popularly themed group fitness studios in prime Northern Virginia locations plus franchising rights
DETAILED INFORMATION
Location
Virginia
Inventory
Not Included in asking price
Employees
33
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Boutique studio members pay more on average than other fitness industry members & nearly 3x as much as members of traditional facilities.
Growth & Expansion
The fitness industry is growing at a steady pace and boutique studios, which already comprise roughly 40% of the total, are growing at more than 5X the rate of the overall market. In addition, the current management has laid the foundation for massive expansion through franchising.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Focus on other business interests
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