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Profitable Fitness Franchise Chain with Exclusive Territory Rights

VA

Profitable Fitness Franchise Chain with Exclusive Territory Rights
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Asking Price: $1,395,000

Cash Flow: $550,993

Gross Revenue: $1,699,724

EBITDA: N/A

FF&E: $225,000

Inventory: $8,800

Established: 2015

Profitable Fitness Franchise Chain with Exclusive Territory Rights

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Business Description

Lender pre-screened Financing with $194,850 down!

Profitable Fitness Franchise Chain with Exclusive Territory Rights. Three Spectacular Franchise locations highlight this grand opportunity in Southern Virginia. These Member Based, High Energy Fitness Center facilities began operations in 2015 and continue a sharp growth trajectory, making 2018 the most profitable year since the company opened.
The three facilities collectively span in excess of 10 thousand square feet, providing a space platform which fully and comfortably accommodates their membership activities. The combined facilities have over 800 members and growing. Why the strong member base and financial performance? Nationwide the franchise has delivered on a mission to provide an overall health focused high energy workout that’s instructor based and involves a blend of head to toe exercise, cardio conditioning, and resistance training. The exercise regimen is augmented with overall nutrition and is proper diet focused. As a result, members are finding the organization and developed program is assisting them with a gamut of needs from fitness, to health improvement, weight loss, and an overall sense of simply feeling great. Further, the system works for men and women in any age bracket.
This is a great turn key opportunity with a strong operating infrastructure. Management and staff are in place operating the day to day needs of the business. So, a transition will be relatively easy and will be supported by both the current owners and the Franchise operation. The current owners have a life changing experience underway as they have relocated to Florida and this is the driving force behind their reason to sell. However, it also speaks to the strength and ability of the current Management and Staff as the facilities are running and operating without missing a beat.

Detailed Information

Inventory:
Included in asking price
Employees:
11 FT/3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Lender pre-screened with $209,250 down.
Support & Training:
Will train for 3 weeks @ $0 cost.
Reason for Selling:
Relocation.
Franchise:
This business is an established franchise
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Contact the Seller

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Frank Chebalo, CBI, ABI, CMSBB, CBC

Business Listed By:
Frank Chebalo

Murphy Business & Financial Services LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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