Turn-Key Gym Franchise – full-team in place!

Middlesex County, MA

Turn-Key Gym Franchise – full-team in place!
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Asking Price: $397,000

Cash Flow: $25,108

Gross Revenue: $451,974

EBITDA: N/A

FF&E: $157,586

Inventory: $24,317*

Rent: $4,043 /Month

Established: 2016

*not included in asking price.

Turn-Key Gym Franchise – full-team in place!

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Business Description

Franchise opportunity! Brand name and staff on day 1!

In the first few years of operations, this newly built location has quickly gained a strong reputation and customer following. This franchise is ready to keep the trend growing and positioned for a new owner to jump into the $30 billion fitness industry with this turn-key, profitable fitness franchise. All of the systems and programs are in place so that the owner can focus on the important task of driving customer satisfaction. A manager oversees the operations while a full team of coaches run the classes and personal training sessions. This newly constructed plaza draws amazing area traffic flow. Whether you are looking at your first business or a serial entrepreneur, this opportunity has something to excite everyone!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,043
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great location in the heart of a busy plaza. Entire plaza was newly constructed so it is both visually appealing and in excellent condition. For over ten years this brand has been generating huge success for clients looking to break the monotony of a typical gym workout. The brand has had tremendous growth though franchised locations and has a strong ownership model that has franchisees experiencing great success and touting praise of the model.
Competition:
Competition ranges from big-box gyms to sports and outdoor activities. Brands like Title Boxing Clubs, 9Round Fitness, iLoveKickboxing Orange Theory and spin studios all offer fitness programs that appeal to the individual who does not want a traditional gym experience. This gym separates itself though a flexible member-focused schedule and an innovative engaging work-out, and making the commitment manageable for both individuals and families.
Growth & Expansion:
Growth opportunities for this gym are abundant. As it is a newer location, the growth has been organic, thorough drive-by and drop-in conversions to members. It is an exciting opportunity to get into this opportunity with a stable revenue base and realize how you can connect with the community and take the membership rate from good to great!
Support & Training:
2 weeks
Reason for Selling:
career change
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Transworld North Boston

Business Listed By:
Aaron Fox

Transworld Business Advisors of North Shore Boston

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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.

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