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Gyms and Fitness Centers

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Turnkey 3-Studio Franchised Fitness Facility

Wake County, NC Listing ID: GYM9

Confidential business review and detailed financials are released after NDA.

LISTING PRICE: $99,000
Entity Type
Limited Liability Corporation
Year Established
2021
Annual Sales
$266,714
FF&E
$132,330
Days & Hours of Operation
Monday: 5:30 AM - 7:00 PM Tuesday: 5:15 AM - 7:00 PM Wednesday: 5:30 AM - 7:00 PM Thursday: 5:30 AM - 7:00 PM Friday: 5:30 AM - 7:00 PM Saturday: 7:00 AM - 11:00 AM Sunday: Closed
Part-time Employees
14
Reason for Sale Comments
Personal commitments

Summary

Description

This is an excellent opportunity to acquire an established franchised fitness studio in a great Wake County NC location. It is not often that you can step into a turn-key fitness business with a growing client base and avoid the startup cost and effort of a buildout. The 4000 square foot facility includes three distinct fitness studios, that include ample equipment to support continued growth.

This studio offers a unique range of fitness services that cover Cardio, Strength training and Flexibility. Classes are available six 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. The studio has over 150 5-star Google reviews.

This business is fully staffed with nine experienced and certified instructors, many that have been with the studio since opening, that work as W2 employees. This studio is furnished with top-of-the-line equipment and a spa-like environment that has been meticulously maintained. The owner works approximately three-quarter time, oversees the operations and fills in occasionally if needed to teach a class. The owner is prepared to facilitate a smooth transition to the new owner. Training is also provided by the franchisor. This will allow for a smooth transition while retaining the invaluable knowledge and expertise of the owner.

Competition

Unique fitness program

Related Asset

Real Estate Available

Facility Description

Shopping plaza

Building Size
4000 sq. ft.
Monthly Rent
$11,772

Franchise Details

Agreement Term
10 years
Royalty
7%
Advertising Co-op
2%

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