These nationally recognized boutique fitness franchises offer boutique training including barre classes and other state-of-the-art fitness and wellness programs. The offering includes two studios that are up and running but have not yet reached their full capacity and earning potential, as well as the rights to open a franchise in Park City. The pricing reflects the significant investment already made to build out and furnish the two
All of the instructors are part-time employees and the two full-time staff are studio general managers, one for each location. They oversee all operations, employee schedules, hiring and training, event staffing, member retention, new member acquisition, intro-class scheduling and selling new memberships.
The first studio opened in October 2017 and the second followed in May 2019. The two locations are in busy retail areas with easy access. The current owners also have the rights for the Park City area, which they have not yet developed. A buyer would also acquire the rights to open a studio there. Park City is experiencing explosive growth and is seeing an in-migration of new people from all over the country. A Park City studio could easily outperform both the current locations.
About the Business
Number of Employees:
Building Sq. Ft.:
$1.00 Per Month
2 locations, one 1,500 sf, one 1,600 sf. Please note that rent figure above is a placeholder.
some seller financing may be available for a qualified buyer
Ad Detail Views:
Asking Price: $1,200,000 Gross Revenue: $419,158Cash Flow: $153,255 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $400,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Boutique Fitness Studio Franchises $800K Asset Value
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