50% Net Profit Margin Franchise Kickboxing Fitness Center

Chicago, IL (Cook County) (Relocatable)

50% Net Profit Margin Franchise Kickboxing Fitness Center
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Asking Price: $1,084,000

Cash Flow: $396,588

Gross Revenue: $789,083

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,570 /Month

Established: 2016

50% Net Profit Margin Franchise Kickboxing Fitness Center

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Business Description

This kickboxing fitness center, which has been SBA pre-qualified, is nationally recognized as one of the most successful (and fastest growing) franchisees in the country. As a result, it often receives “first-dibs” at new technology & marketing efforts tested by the franchisor. The studio sells memberships that provides access to group fitness classes, in-studio events, DJ nights, and transformation challenges. Due to the strong culture and fun atmosphere, the studio has a high retention rate and many of its new members are referrals from current members. The studio receives strong marketing and business support from the franchisor (on a needed basis). The efficient business model, low overhead and expenses, and small working capital requirements has resulted in nearly 50% net profit margins. The current owner expects growth to continue in the coming years with a newly implemented POS system and fitness technology. The studio has a 5-year lease with 3 additional 5-year lease extensions (on favorable terms) with a friendly landlord. There is an experienced staff in place.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
N/A
Employees:
8
Reason for Selling:
Other Business Interests
Franchise:
This business is an established franchise
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Domenic A. Rinaldi

Business Listed By:
Sun Acquisitions

Sun Acquisitions

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