Knockout Fitness Franchise - San Marcos-Asset Sale

San Diego County, CA

Knockout Fitness Franchise - San Marcos-Asset Sale
Contact Seller

Asking Price: $45,000

Cash Flow: $31,807

Gross Revenue: $129,121

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,000 /Month

Established: 2016

Knockout Fitness Franchise - San Marcos-Asset Sale

Save Print Share Valuation Report

Business Description

Fun and popular 30 - minute interval training sessions offer workouts for all levels on member schedule. Customized analysis and program, nutrition support and related services. Friendly trainers help members kickbox their way to optimum fitness and other results desired.
Franchisor ensures consistent branding, equipment, and quality location to location. Very successful brand with approximately 700 franchise locations in 13 countries.
Great reviews. Still plenty of room to grow. Needs owner operator who is passionate about working in and on the business – growing membership and providing personal training that helps people get stronger.
Membership at end of 2018 was 134, January 2019 showed growth to 141. Rates are affordable for most.
Lease including CAM about $4000 per month. Relocation possible within immediate area and recommended at lease renewal in about 18 months with opportunity to reduce rent by about $1,000 per month in new center, stronger location. Currently operates with 2FTE (1 Assistant Manager and 3PT employees)
Franchise transfer fee paid by seller. Buyer to attend 3-day training with franchisor on the East Coast. Training fee covered by franchisor, T&E at buyer expense. Fixed Royalty & National Marketing Fee $524 monthly. Local marketing approximately $500 monthly. Miscellaneous technology and other fees approximately $250 month. Most franchise and other fees are fixed so your profits grow exponentially with increased membership.
2018 Gross Sales $129,121, Asking $45,000.

Detailed Information

Location:
San Diego County, CA
Real Estate:
Leased
Building SF:
1,175
Lease Expiration:
N/A
Employees:
4
Support & Training:
2 weeks
Reason for Selling:
other interests
Contact Seller

Contact the Seller

Contact Seller Loading

Linnea Westlake

Business Listed By:
Linnea Westlake

Transworld Business Advisors

Show Phone Number

View My Listings


Sponsoring Broker:
Marshall Pollock

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1617576 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Eat The Frog Fitness

Franchise Opportunity
Capital Required: $500,000