Knockout Fitness Franchise - Two Locations No. County San Diego

San Diego County, CA

Knockout Fitness Franchise - Two Locations No. County San Diego
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Asking Price: $293,000

Cash Flow: $77,881

Gross Revenue: $360,819

EBITDA: N/A

FF&E: $40,000

Inventory: N/A

Established: 2015

Knockout Fitness Franchise - Two Locations No. County San Diego

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Business Description

Knockout Circuit Training Fitness Franchise – Two locations North County Inland, San Diego
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.
These locations in Rancho Bernardo and San Marcos enjoy great reviews. Still plenty of room to grow. Especially appropriate opportunity for owner operator who is passionate about working in and on the business – growing membership and providing personal training that helps people get stronger. Semi-absentee ownership is possible but will likely slow growth and eat into potential profits.
Membership at end of 2018 was 465, January 2019 showed growth. Rates are affordable for most. Continue building your membership and recurring revenue at these two locations and open another when you are ready. 85% of equipment required for 3rd location is available at a price to be negotiated.
Lease on 1014 sqft @ $2800 incl. CAM monthly in Rancho Bernardo, $4000 San Marcos. San Marcos relocation possible within immediate area and recommended at lease renewal.
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 per location. Local marketing approximately $500 monthly per location. Miscellaneous technology and other fees approximately $250 month per location. Most franchise and other fees are fixed so your profits grow exponentially with increased membership.
2018 Gross Sales $360,819, SDE $95,450. Asking $293,000 for both locations.

Detailed Information

Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Plenty of opportunity to build membership.
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

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Linnea Westlake

Business Listed By:
Linnea Westlake

Transworld Business Advisors

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Sponsoring Broker:
Marshall Pollock

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