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Well Established boutique fitness franchise for sale in San Antonio

San Antonio, TX
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Asking Price:$650,000
Gross Revenue:$903,000
Rent:$9,400/Month
Established Year:2017
Cash Flow:$214,000
Inventory:$2,000
FF&E:$275,000
Listing ID: 2317225Listing provided by BizBuySell
BUSINESS DESCRIPTION

Great location in north central San Antonio

Award winning national boutique fitness franchise. This recently updated and fully equipped San Antonio studio has served its members since 2017 by providing strength and cardio training programs. There are currently two full-time and seven part time employees in the business. The owner is not actively involved in the business. There are several opportunities for growth under new ownership.

Revenue in 2023 was $903k and the Seller’s Discretionary Earnings (SDE) was $214k. SDE in 2024 is expected to come in at just under $200k.

DETAILED INFORMATION
Location
San Antonio, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,700
Lease Expiration
31/12/2029
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The studio location is conveniently located in a busy shopping center in the north central part of San Antonio, with easy access from all directions. The space is 2,700 square feet with a monthly rent of $9,400.
Competition
There are several competitors in the area, but the subject business has earned the reputation of being the preferred brand by their customers.
Growth & Expansion
The business can grow by giving it more personal attention than the current owner can do. Examples of growth opportunities include targeting several large employers in the area by offering special deals to the employees; cross marketing with local athletic stores, nutrition companies and the medical community to become the preferred fitness partner.
Financing
Some seller financing may be available depending on the strength of the offer.
Support & Training
Seller will stay on for 30 days to ensure a smooth transition, and will be available 180 days thereafter via phone or email. Additional support may be available per Consultation Agreement between the parties.
Reason for Selling
Owner has moved to another state.
Franchise
This business is an established franchise
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Stefan
Lagmark
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Stefan Lagmark
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