2 Seattle Fitness Studio Locations - Highly Successful and growing!

Seattle, WA (King County)

2 Seattle Fitness Studio Locations - Highly Successful and growing!
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Asking Price: Get Financing: $1,445,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: $385,000

FF&E: $400,000

Inventory: $20,000*

Lease Rate: N/A /SF

Established: 2011

*not included in asking price.

2 Seattle Fitness Studio Locations - Highly Successful and growing!

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Business Description

Fitness in Seattle - 2 Locations +++ profitable, AAA locations.

- Two Studio type Locations (non-franchise) one new and still in growth mode.
- Smaller easy operation with key personnel in place.
- Strong leasehold terms with options.
- Excellent cash flow (EBITDA $383k and growing fast).
- Strong branding and loyal members

Second location is NEW and already profitable. It is forecasted to continue growth over the next 24 months with increased revenue and EBTIDA. Locations are the BEST with dense high profile population. AAA+ locations with immense local growth in proximity!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
N/A
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
- Two Locations (non-franchise). - Smaller easy operation with key personnel in place. - Strong leasehold terms with options. - Excellent cash flow (EBITDA $383k and still growing). - Strong branding and loyal members
Competition:
Booming market with top real estate development high rise within 5 minute walk of club. Densely populated and high income earners.
Growth & Expansion:
Brand can be grown and has recognition within the Seattle market.
Support & Training:
As needed and negotiated with Seller.
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Contact the Seller

(from currently available funds)
 
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Todd Lipton

Business Listed By:
Todd Lipton

Todd D. Lipton

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