Health, Wellness, Fitness. Expandable. “HOT” (Tennessee)
Location: Tennessee > Middle TN
Industry: Health and Medical > Health Clubs and Spas
Financials
Asking Price: $870,000
Gross Revenue: $536,450
Cash Flow: $371,597
Inventory: $10,000 (Included in Asking Price)
FF&E: $105,000 (Included in Asking Price)
Seller Financing: Seller financing is negotiable.
Business Summary
Highly Profitable/Rapidly Growing Middle Tennessee Health/Wellness Fitness Business. Instruction is primarily Yoga based. Product line expansions in progress to provide on and provide offsite health/fitness training to professional and university Sports teams and corporate health/wellness programs. This is an insurance carrier certified program. Immediately expandable throughout Middle TN and TN. National franchise potential. Highly defined, defensible, membership based market niche. Very few, if any, qualified competitors. Proprietary marketing and management software monitors performance on a near "real time" basis. Clearly defined repeatable processes. Well trained, certified management team. Exceptional membership retention rates. Very Strong annual sales and profit growth in the last three years. This business is steaming "Hot". You must move quickly to play.
About the Business
Year Established: 2002
Employees: 8 full time -
Facilities: Leased at $4,194.17 per month and located in the heart of the nation's Healthcare/Wellness Industry and one of the wealthiest urban/suburban areas in the United States. Highly desirable modern, attractive, leased facility with the option two double its current size at this location. Superbly equipped with state of the art, centrally controlled systems. Strong demand for additional facilities with negotiations currently underway. The business is equally expandable both in and outside this facility with very limited additional capital resources.
Market Outlook and Competition: The core business of providing group and individual Health/Wellness Fitness training to individuals is rapidly growing in and of itself. Additional, immediate product line extensions are underway. Sports teams flexibility/fitness programs and corporate base wellness programs also underway. Near term product line extensions into additional insurer certified health/wellness programs and additional corporate based health/wellness program is driven by the increasing recognition of the cost reducing and productivity improving results of the health/wellness fitness programs this business offers. The market is immediately expandable in Middle Tennessee, and has near term statewide potential and long term national potential. This business has demystified Health/Wellness/Fitness training. In response to the needs of its evolving customer base it has created fitness training that promotes the overall wellness of the mind, body and spirit which in turn leads to greater physical strength and health. This is coupled with state of the art technology to create a climate controlled, exceptionally clean atmosphere for ongoing instruction of practicing members. This form of Health/Wellness training has already been certified by Blue Cross/ Blue Shield. Few, if any, qualified competitors exist in Middle Tennessee or the State of Tennessee. Membership retention rates are extraordinary.
About the Sale
Management Training and Support: The seller is anxious to support the new owner as needed to transition the business effectively. Because of the excellent management controls provided by the customized software of the business, clearly defined repeatable processes and highly trained, certified staff, it is expected that an extremely smooth transition will occur. The seller is also open to discussing the potential to facilitate expansion into additional geographic areas.
Reason For Selling: Needed Resources for Continued Profitable Growth
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.
|
||
