Absentee Boutique Fitness Gym with Room to Grow

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Asking Price:
$300,000

Gross Revenue:
$600,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a great opportunity to buy into a top performing boutique fitness franchise brand. The Seller of this business has the rights to 3 locations in busy affluent Brooklyn Neighborhoods. The owner has built out one studio and is successfully operating this business Absentee. The business is fully staffed with a strong Manager in place. The Owner is only putting in about 1 hour a week onsite to meet with the Manager and invests some time remotely handling other ownership responsibilities. This is a great brand and has raving fans. The business model is one of the best, small footprint, few employees, low inventory, repeat clientele. If you are looking to be a multi-unit operator of a top boutique group fitness studio franchise, this is your opportunity. Please call about listing 13744.

About the Business

Year Established:
2016
Number of Employees:
5
Franchise:
Yes
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1590257
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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