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My Gym Children's Fitness Center

Katy, TX (Fort Bend County)

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Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1.40 /Month

Established: 2011

My Gym Children's Fitness Center

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Business Description

Ranked #1 Physical Early Learning Program by Entrepreneur Magazine

Perfect opportunity for someone who loves fitness and children. Business is well-established and is located prominently in a rapidly developing commercial district that includes Costco, with easy access and visibility along the I-10 and Grand Parkway corridors.

This business is regarded as the premier children's fitness brand for children 6 weeks to 10 years. The gym offers age-appropriate gymnastics classes, mommy and me early learning classes, birthday parties, Parents' Night Out, open gym, summer/seasonal camps, and special events.

Business is turn key. Strong business procedures and protocols in place. Facility is bright, clean and was renovated in December of 2016. Business has been a staple in the community for the past 7+ years and continues to thrive. Business has a large client database, great following on social media and an excellent reputation in the community, including multiple local awards and recognition from numerous kids’ organizations such as “Macaroni Kids” and “Kids Out and About”, including being ranked the #2 kids’ activity in all of Houston.

Highly coveted Katy territory with high household earnings and significant growth in key demographics led in large part by the highly acclaimed Katy School District.

The business is owned and operated by the original owners.
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Detailed Information
Real Estate: Leased
Building SF: 2,400
Lease Expiration:2022 (option to extend)
Employees:4

Detailed Information

Location:
Katy, TX
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
4
Facilities:
2,400 sq ft facility - includes all equipment including ball pit, trampoline, castle, climber, high bar, parallel bars, balance beam, swing support system, zip line, mats and more - includes all furniture - plenty of parking for clients- equipment well kept, facility was remodeled in 2016 - highly desirable Katy/Cinco Ranch territory
Competition:
Competition has come and gone within the territory over the last several years. Business has flourished throughout this time and maintained its position as a community leader. The reputation of the franchise as well as the reputation built locally by the owners has established this business as the top-rated children's gym in the area.
Growth & Expansion:
There is opportunity to expand within the brick and mortar store by adding additional programs such as dance, karate and Pre-School Prep and also by adding franchise-approved retail products, including Melissa & Doug items. There is also a huge opportunity to expand outside the store by taking the program into schools and day care facilities within the area via My Gym’s popular Mobile program. Additionally, this is a great opportunity to learn the business by operating an already successful location and then adding additional locations throughout region.
Support & Training:
3 weeks formal training by franchisor plus at least one month hands-on training by current owner - Franchise support is unlimited and ongoing including calls, emails, online resource, internal franchisee to franchisee groups and other support is always available, as well.
Reason for Selling:
Owner is selling for family commitments.
Franchise:
This business is an established franchise
Business Website:
http://mygym.com/katy
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Business Listed By:
Jason Chang

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