Established Fitness Franchise *May Qualify For Visa*

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Excellent Opportunity!
Asking Price:
$139,000

Gross Revenue:
$259,054
Cash Flow:
$34,162
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$10,000
included in asking price

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Business Description

Phenomenal opportunity to acquire solid, established Barre 3 Franchise located in growing SW Florida (Lakewood Ranch) community. Beautiful facilities are located in a planned community area surrounded by upscale stores and restaurants. Their clients give them great reviews on Facebook, Google and in the Mindbody software. Trained instructors and staff are in place and owners are willing to stay for a smooth transition. They are willing to stay on as instructors at no charge for an easy ramp up. Membership has been growing and a new owner can continue to network and market the business to get it to the next level. The build-out was done with attention to detail and cost over $300K and the studio looks great. Ongoing support and materials are provided by the Franchisor. **Sellers will pay the franchise transfer fee.

About the Business

Location:
Manatee County, Florida
Year Established:
2015
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
2,300
Rent:
$5,331.00 Per Month
Lease Expiration:
11/1/2019
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About the Sale

Reason For Selling:
Family Issues
Training/Support:
Two weeks at no cost!
Seller Financing:
119k Down

Listing Info

ID:
1629105
Ad Detail Views:
0

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Business Listed by

Truforte Business Group

Truforte Business Group
License# CQ1037473

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