The total asking price of the assets of this business.
Asset Sale Description
The franchise is part of the Rapidly Growing Market Leader in Fitness Innovation. They have achieved the impossible--the best types of workouts based on world-class research with a different 45 minute workout every day. Each class is a unique High-tech, high intensity environment providing a dynamic and fun experience. The business opportunity for sale is in the Start-up phase. Its grand opening is Spring 2019 in a very good location in a dynamic market. There are low monthly expenses which only needs approximately 175 members to break-even. The franchise royalty fee is a fixed amount per month. Its sister franchise in a similar local market achieved over 400 pre-sales. A buyer will receive a Franchise Disclosure Document from the Franchisor.
Located in a new mixed-use pedestrian oriented project in a growing and desirable area with excellent household demographics--the top 6% of highest/Capita income in Washington. Lively streets with wide sidewalks with built-in rental living, incredible unique retailers and restaurants serving residents and tourists. There are NO other rental locations for a fitness facility in the greater area currently available.
Will train for 4 weeks @ $0 cost. Offers a unique experience merging 3 separate leading-edge fitness training styles into one. No prior fitness knowledge is required by Franchisor. Franchisor provides full training, ongoing training in exercise systems and regimes, music, marketing, technology and support.
Reason For Selling:
Seller is a serial entrepreneur. He plans to build even more.
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