Established Personal Training Business in a Very Busy, Upsacale Location.
Location: Massachusetts > Plymouth County
Industry: Health and Medical > Health Clubs and Spas
Financials
Asking Price: $219,000
Gross Revenue: $267,928
Cash Flow: $104,802
FF&E: $40,000 (Included in Asking Price)
Business Summary
This franchised business offers their clients a unique personal training and fitness experience tailored to fit their needs, whether it is weight loss, muscle building, recuperating from an injury or just wanting to get in shape. Clients typically sign up for three to six month increments and come in for three scheduled sessions per week. The business currently has over 50 clients under contract, comprised of 60% women and 40% men.
Located in a busy and upscale strip mall in a South Shore commuter town, this business is surrounded by professionals, academics and business people, all target customers for the professional service and private atmosphere being offered at this studio.
The owner has established a very profitable operation with a great location, a full suite of top notch equipment, a consummate staff of professional trainers, and a customer base and reputation that offers the buyer a strong platform to further expand and prosper with this business.
The franchisor is well funded and respected in the industry. They provide the franchise operator with ongoing marketing, business and technical support, as well as a protected territory.
Sales / Financial: Sales have been consistent since the business started, ranging from $221,802 to $293,089, and coming in at $267,928 for the year ended 12.31.07. The cash flow has been positive since the business opened, and was $104,802 for the year ended 12.31.07. Cash flow is totally dependent on the time and energy the owner expends working in the business and on the business. Sales in the first quarter of 2008 are up 17% from the same period in 2007.
Facility: The 2,300 SF facility has an impressive look and feel and includes two oversized workout rooms, a cardio area, reception area, two bathrooms, changing room, business office, and a lunch room / storage area. The monthly rent is approximately $2,350, which includes their share of property taxes and water expense. The 5 year lease has approximately 1½ years remaining with an option to renew for an additional five year term.
Located in a busy and upscale strip mall in a South Shore commuter town, this business is surrounded by professionals, academics and business people, all target customers for the professional service and private atmosphere being offered at this studio.
The owner has established a very profitable operation with a great location, a full suite of top notch equipment, a consummate staff of professional trainers, and a customer base and reputation that offers the buyer a strong platform to further expand and prosper with this business.
The franchisor is well funded and respected in the industry. They provide the franchise operator with ongoing marketing, business and technical support, as well as a protected territory.
Sales / Financial: Sales have been consistent since the business started, ranging from $221,802 to $293,089, and coming in at $267,928 for the year ended 12.31.07. The cash flow has been positive since the business opened, and was $104,802 for the year ended 12.31.07. Cash flow is totally dependent on the time and energy the owner expends working in the business and on the business. Sales in the first quarter of 2008 are up 17% from the same period in 2007.
Facility: The 2,300 SF facility has an impressive look and feel and includes two oversized workout rooms, a cardio area, reception area, two bathrooms, changing room, business office, and a lunch room / storage area. The monthly rent is approximately $2,350, which includes their share of property taxes and water expense. The 5 year lease has approximately 1½ years remaining with an option to renew for an additional five year term.
About the Business
Year Established: 2004
Employees: 3 full time - 2 part time
Franchise: Yes
Facilities: The 2,300 SF facility has an impressive look and feel and includes two oversized workout rooms, a cardio area, reception area, two bathrooms, changing room, business office, and a lunch room / storage area.
About the Sale
Management Training and Support: The successful formula developed by the owner in running the operation so profitably will be provided to the buyer as part of an intense two week transistion.
Reason For Selling: The owner is selling because she owns multiple franchise locations and cannot devote the time to manage and operate them by herself.
List Your Business for Sale | This listing has been viewed 157 times
advertisement
|
||||||||
|
Recommended Resources
Sponsored Links
|
||
|
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
|
||
