- Year Established
- 2012
- Annual Sales
- $292,201
- Seller Discretionary Earnings
- $65,908
- SDE Multiple
- 2.7x
- SDE Margin
- 22.6%
- FF&E
- $20,000
- Days & Hours of Operation
- 7
- Part-time Employees
- 13
Summary
Description
This is an excellent opportunity to acquire an established franchised fitness studio in a prime retail location. This is an opportunity to step into a profitable turn-key fitness business with a growing client base and avoid the startup cost and effort of a buildout. The 1425 square foot facility is fully operational and includes all the equipment to support continued growth.
This studio offers a unique range of fitness services that cover Cardio, Strength training and Flexibility. Classes are available seven days per week at a range of convenient times. Multiple membership plans are available to fit your schedule and budget. The studio is stocked with various amenities to support your workout including Filtered water, Healthy snacks, Self-locking lockers, and changing rooms.
Competition
While there certainly are other gyms in the area, each provides its unique programs and value. This is a unique training studio that focuses on low-impact, small movements that strengthen and tone in 50 minutes or less. There are few competitors in this area of Duval County. The studio is in a high-profile, central location providing an unparalleled advantage.
Related Asset
Real Estate Available
Facility Description
The studio operates in a modern, high-profile 1425 square foot boutique fitness studio in a central lcation. Fully renovated in 2019 with updated mirrors, lighting, sound system and flooring. The monthly rent, including NNN is $3,557.75. The current lease expires March 31, 2027.
- Building Size
- 1425 sq. ft.
- Monthly Rent
- $3,558
Franchise Details
- Royalty
- 7%
- Technology Fee
- $502
- Advertising Co-op
- 2%
