$140K Net Prime- Chester CTY Group Training Studio

Chester County, PA

Seller Financing Available
$140K Net Prime- Chester CTY Group Training Studio
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Asking Price: $120,000

Cash Flow: $143,002

Gross Revenue: $331,407

EBITDA: N/A

FF&E: $15,000

Inventory: N/A

Rent: $3,910 /Month

Established: 2018

$140K Net Prime- Chester CTY Group Training Studio

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Business Description

Fully Staffed with Near Absentee Owner

2019 Net Seller Earnings Proforma = $143,000 for Owner Operator. Currently runs $107,002 with a near Absentee Owner!

PRICED TO SELL AT $120,000. Seller expects conditioned offers to be received for review by October 31, 2019.

New Studio Territories Cost between $150,000 - $213,000 and start with ZERO members! NO FRANCHISE FEE FOR BUYER (Currently $49,600 for new franchise buyers!) Seller will pay the $7500 Transfer fee out of sale proceeds and the broker commission.

Approx 85 Members on annual, AUTO RENEW contracts, EFT $16K month.

Act fast as this money maker is poised to grow and WILL move quickly! Urgent other business priorities require brisk transition from this successful studio location in an affluent Chester county suburb. Your opportunity to take over what has been built by one of the top performing owners in the USA, WHO WAS referred to the network by Home Ofiice as a Model Example of Best Practice in how to launch and immediately grow a new location.
Hugely successful Franchisor- Parent is 2 years listed Entrepreneur Magazine top low cost franchise, Franchise 500 List, and they have nearly 800 locations worldwide. They developed the most popular 30 minute, high intensity, group fitness workout model on the planet! Twice the results in half the time in a supportive results environment.

Seller will personally train and mentor new owner to guide you in your growth. This Franchise has the some of the lowest royalties in the business and provides amazing marketing lead gen, support, systems, training, and technology. See how rewarding, FUN and easy to manage it can be to earn significant income with this system! This club is profitable and is staffed with a Killer Team: Sales/Asst Manager and a Head Coach and Skilled second Coach, and an Admin who would stay on. An owner operator would earn $140K + net annual at current revenues.

Attention group fitness - boot camp- instructors, trainers and coaches! If you are an aspiring fitness enthusiast and have great people skills with some sales and business development acumen, you are a great fit. Personal Trainers could have lots of hours available, outside of the approx. 2-5 class teaching hours per day, to earn traditional -personal training session- income.

This model has received tons of 5 star reviews, has very low overhead, requires minimal staffing for an owner operator and currently trains 500,000 clients + world-wide.

This club is already at approx 85 members and is poised to grow. The heavy work has already been done for you with build-out done, and the club is turnkey! Great lease, location and staff. This situation is rare and will be understood by the right candidate quickly.

Detailed Information

Location:
Chester County, PA
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
12/31/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Set up perfectly for either a Near Absentee or a Working Owner Operator to drive sales and grow further
Financing:
20000.00
Support & Training:
2 weeks
Reason for Selling:
other interests
Franchise:
This business is an established franchise
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Stephen Menges

Business Listed By:
Stephen Menges

Transworld Business Advisors of West LA

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