Established 5-Territory Boutique Fitness Franchise for Sale

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Own your fitness empire in Philly suburbs!
Asking Price:
$449,000

Gross Revenue:
$400,500
Cash Flow:
$65,475
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,500
not included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Capitalize on this exploding, highly popular fitness niche! Unique investment opportunity to buy two existing, fully operational boutique fitness units with a built in expansion of 3 additional territories. Phenomenal geography spanning Montgomery, Chester and Delaware counties including the Main Line. Successful franchise model focuses on reoccurring membership revenue, efficient labor staffing, digital marketing and operational technology. Ideal for hands on owner-operator with fitness experience or interest; or hire a regional manager to run your Philadelphia Suburb gym empire! First location opened in 2016 and has over 250 members; second location opened in May 2018 and has already over 100 members. This is not your typical run of the mill gym - it's a boutique fitness franchise where members pay in excess of $150 each per month! Do the math - what will a fully functional 5-unit business look like?

GROSS SALES for 2017: $400,500 (one unit)
SDE for 2017: $65,475 (one unit)
PROJECTED GROSS SALES for 2018: $550,000 (includes first unit plus second unit with 7 months operations)
LEASEHOLD IMPROVEMENTS for both units: $475,000 - included in sale price; EQUIPMENT: $50,000 - included in sale price

Buyer must be approved by franchisor and pay franchisor transfer fee of $35,000 for all 5 territories. Serious inquiries only.

Call Johanne Sermania at 610-783-3555 for more details.

About the Business

Number of Employees:
12
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About the Sale

Reason For Selling:
family
Training/Support:
1 week

Listing Info

ID:
1577888
Ad Detail Views:
0

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Business Listed by

Johanne Sermania

Transworld Business Advisors of Philadelphia Main Line

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U.S. Census Data for Montgomery County, PA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Montgomery County, PA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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