| Asking Price |
$220,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$186,332 | Real Estate |
|
| Cash Flow |
$33,320 | Year Established | 2005 |
| FF&E |
$74,470* | Employees | 9, 3 ft, 6 pt |
* included in the asking price
** not included in the asking price
Well-established franchise business with 200+ students in a beautiful facility. A new owner-operator is needed to realize full potential. As the leading franchise in this segment, the company has developed an extraordinary program and facility devised to help children 6 weeks thru 13 years of age develop physically, cognitively and emotionally. They offer structured, age-appropriate, weekly classes that incorporate music, dance, relays, games, special rides, gymnastics, sports and more. The state-of-the-art facility, extensively trained staff, award-winning class programs, and excellent student/teacher ratio have earned the company the reputation as the best early learning program of its kind. Started in 2005 by the current owners, this franchise has now established a fine reputation and customer base. Located in Anne Arundel County Maryland the company's market area has one of the highest per capita incomes in the state. Families will continue to expend monies on their children for programs they know are worthy. The market area within a 5 mile radius in 2006 had a population of approximately 116,000, 27,369 families, with an average household income of $112,000. Also, the company holds the right to open additional franchise locations in two adjacent market areas.
Facilities: The facility is a 2,760 SqFt custom-built, state-of-the-art, childrens' fitness center with a steel swing support system, steel supported zip line, extra padded/carpeted exercise area and two handicap accessable bathrooms. The entire Flex space complex was new in 2005 and is very conveniently located. the rent is significantly under market at $24 per sq ft for space of this quality as the owners paid for the buildout directly rather than letting the landlord pay for the buildout and increasing the rent accordingly. The terms of the lease can be extended.
Competition: This business is only one of it's kind within 10-15 miles. Excellent location in Anne Arundel County Maryland, the company s market area has one of the highest per capita incomes in the state.
Growth/Expansion: With an owner-operator focused on marketing and increasing number of students there is opportunity to significantly grow revenues. And. as part of sale, buyer will also get the right to open additional franchise locations in two adjacent market areas. Trend: Growth due to increase of childhood obesity.
Financing: Seller is flexible depending on qualifications of the buyer.
Support/Training: The Seller will work with the Buyer to provide any and all information to the Buyer to ensure success. The franchisor will provide three (3) weeks of formal training and excellent, ongoing support. As for the operational running of gym, the Buyer(s) should not need more than 4 weeks of part time training from the Seller.
Reason Selling: Absentee owners with other jobs, business needs an owner-operator for success.

Jeff Hider, The THOR Group
410-987-7062
The THOR Group LLC
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