Established Lagree Studio Inside Strength + Wellness Collective
Business Description
TURNKEY LAGREE STUDIO OPPORTUNITY
Established Lagree fitness studio located within Charlotte's premier Strength + Wellness Collective, delivering strong financial performance with exceptional growth potential.
KEY FINANCIALS
• Annual Revenue: $285,000
• Seller's Discretionary Earnings: $182,000
• Impressive 64% profit margin (dependent on staffing model / instructor costs)
• 1,500+ monthly client visits
• 325 active users across membership tiers (125 members + 200 regular ClassPass users)
PREMIUM EQUIPMENT INCLUDED
• 10 professional Lagree Megaformers valued at $80,000
• State-of-the-art audio/visual with instructor microphones
• Professional mirrors and client lockers
• Complete FF&E package worth $100,000
• Dedicated 1,500 square foot studio space
STRATEGIC LOCATION BENEFITS
• Operating inside established Strength + Wellness Collective
• Built-in cross-referral opportunities from shared facility
• Prime Charlotte location with high visibility
• Access to SWC's integrated technology platform
• Established customer base of fitness enthusiasts
FAVORABLE LEASE TERMS
• Secured 4-year sublease through December 2029
• Monthly rent of $10,000 includes utilities, front desk coverage, and facility management
• Minimal operational overhead with comprehensive support services
• Shared amenities reduce individual business expenses
SIGNIFICANT GROWTH POTENTIAL
• Current pricing at $16 per class vs. Charlotte market average of $22.50
• Immediate 40%+ revenue opportunity through pricing alignment
• ClassPass user conversion to higher-margin direct memberships
• Expansion possibilities for additional class formats and personal training
• Cross-promotional opportunities within wellness collective
MARKET ADVANTAGES
• Lagree method represents fastest-growing boutique fitness segment
• Limited direct competition in surrounding area
• Strong appeal to Charlotte's affluent demographic
• Proven demand with consistent monthly visit volume
COMPREHENSIVE TRANSITION
• Two weeks hands-on training covering all operational aspects
• Complete systems transfer including scheduling and member management
• Instructor coordination and client relationship handoff
• Optional ongoing consultation for continued success
This exceptional opportunity combines a profitable operating business with substantial upside potential in Charlotte's dynamic fitness market.
Established Lagree fitness studio located within Charlotte's premier Strength + Wellness Collective, delivering strong financial performance with exceptional growth potential.
KEY FINANCIALS
• Annual Revenue: $285,000
• Seller's Discretionary Earnings: $182,000
• Impressive 64% profit margin (dependent on staffing model / instructor costs)
• 1,500+ monthly client visits
• 325 active users across membership tiers (125 members + 200 regular ClassPass users)
PREMIUM EQUIPMENT INCLUDED
• 10 professional Lagree Megaformers valued at $80,000
• State-of-the-art audio/visual with instructor microphones
• Professional mirrors and client lockers
• Complete FF&E package worth $100,000
• Dedicated 1,500 square foot studio space
STRATEGIC LOCATION BENEFITS
• Operating inside established Strength + Wellness Collective
• Built-in cross-referral opportunities from shared facility
• Prime Charlotte location with high visibility
• Access to SWC's integrated technology platform
• Established customer base of fitness enthusiasts
FAVORABLE LEASE TERMS
• Secured 4-year sublease through December 2029
• Monthly rent of $10,000 includes utilities, front desk coverage, and facility management
• Minimal operational overhead with comprehensive support services
• Shared amenities reduce individual business expenses
SIGNIFICANT GROWTH POTENTIAL
• Current pricing at $16 per class vs. Charlotte market average of $22.50
• Immediate 40%+ revenue opportunity through pricing alignment
• ClassPass user conversion to higher-margin direct memberships
• Expansion possibilities for additional class formats and personal training
• Cross-promotional opportunities within wellness collective
MARKET ADVANTAGES
• Lagree method represents fastest-growing boutique fitness segment
• Limited direct competition in surrounding area
• Strong appeal to Charlotte's affluent demographic
• Proven demand with consistent monthly visit volume
COMPREHENSIVE TRANSITION
• Two weeks hands-on training covering all operational aspects
• Complete systems transfer including scheduling and member management
• Instructor coordination and client relationship handoff
• Optional ongoing consultation for continued success
This exceptional opportunity combines a profitable operating business with substantial upside potential in Charlotte's dynamic fitness market.
About the Business
- Years in Operation
- 1
- Employees
- 8 (8 Part-time)
Independent Lagree instructors compensated per class; flexible staffing model in - Facilities & Assets
- Approximately 1,500 sq ft dedicated Lagree studio within the 4,000 sq ft Strength + Wellness Collective in Charlotte. The space includes 10 Lagree Megaformers (? $80 K value), integrated sound and lighting system, mirrors, flooring, lockers, and signage. All assets (? $100 K total) are included in the sale.
Buyer will assume a 4-year lease at $10 K/month. As part of the agreement, SWC will continue to cover the costs of all utilities, general management, the shared front desk team, and the integrated app that connects all businesses within SWC. - Market Outlook / Competition
- Lagree remains one of the fastest-growing boutique fitness formats, with strong traction in urban and high-income markets. Charlotte’s average class rate is $22.50, while current pricing is $16, providing 40 %+ revenue growth potential with no additional overhead. The studio benefits from cross-traffic within the Strength + Wellness Collective and limited direct Lagree competition in the surrounding area.
- Opportunities for Growth
- Pricing adjustments to align with Charlotte’s market rate of $22.50 per class can increase annual revenue by 40% without raising costs. Additional opportunities include expanding class offerings, integrating cross-promotions within the Strength + Wellness Collective, and adding small-group training or workshops.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $10,000.00 per month
- Lease Expiration
- 12/31/2029
About the Sale
- Seller Motivation
- Current owner is focusing on expanding other business lines within the Strength
- Transition Support
- Seller will provide two weeks of transition support, covering operations, class scheduling, member management, and instructor coordination. Ongoing consultation or marketing guidance available by agreement to ensure a smooth handoff.
Listing Info
- ID
- 2424585
- Listing Views
- 32
Listing ID: 2424585 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. See our full Terms of Use. Learn how to avoid scams.
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