Turn-key Fitness Franchise

Tampa Palms, FL (Hillsborough County)

Turn-key Fitness Franchise

Asking Price:$250,000

Cash Flow:$30,000

Gross Revenue:$215,000




Rate/Sq. Ft.:$24.50


Turn-key Fitness Franchise

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Business Description

Tampa Bay MSA l Turn-Key Fitness Franchise

Turn-key fitness franchise which has a national brand and a strong position within the greater Tampa Bay area with 6 studios and limited outside competition. The subject studio is located within a high-traffic shopping center, has been in business since April 2014 and today is turn-key with all FF&E in place, 7 1/2 years remaining on the lease (2 1/2 years plus a 5 year option), a growing client base and a fully-trained staff. Today the business could be run with or without day-to-day involvement depending on the individual but would require corporate approval so the incoming operator would need to be passionate about fitness and have an entrepreneurial drive.

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Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The studio is corner location within a highly trafficked shopping plaza totalling 1,858 square feet and was built out in Q1 2014 with a retail space in the front (25%), open fitness studio in the middle (60%) and storage/bathrooms in the back (15%). Most of the existing furniture, fixtures and equipment will be included in the sale.
The studio is located within a high income market within a high traffic shopping plaza with national retailers and there is very little (if any) competition within a 10-15 mile radius.
Growth & Expansion:
The business is primed for expansion into additional studios or expanded product offerings within the current location or both and it is located 'within the path of growth' with numerous Fortune 500 companies expanding in the immediate area as well as new development occurring from national home builders and major apartment, retail and office developers.
Support & Training:
The Seller will provide consulting services to help ease the transition for an incoming owner at a TBD monthly rate. Corporate provides both on-going support and training for both franchise owners and teachers.
Reason for Selling:
The owner recently had a baby and needs to focus on a growing family.
This business is an established franchise

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Business Listed By:
Casey Babb

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