Hotworx Infrared Fitness Studio

Asking Price$465,499

Cash Flow
$95,000

EBITDA$95,000

Gross Revenue$300,000

Inventory$12,000
Not included in asking price
FF&ENot Disclosed

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Hotworx Infrared Fitness Studio


Asking Price$465,499

Cash Flow
$95,000

EBITDA$95,000

Gross Revenue$300,000

Inventory$12,000
Not included in asking price
FF&ENot Disclosed

Business Description
This Studio is located in a prime shopping center in the Sacramento metro area. 10 Sauna Studio with amazing income potential. There are over 600 Hotworx studio's in the network with over 100 of them above 650 members, with the top studio at 1300 members.***** if you can grow this studio to 650 (currently 350) members you would net $267,000 per year profit*****. Owner is selling because he lives two hours away and can't give the studio the attention it deserves. He also is invested in another industry and want's to continue moving forward in that industry as he has 8 years experience in that industry and only 2 years in the gym industry. This is an amazing opportunity to get into the gym space and not have to deal with the the pre-sale phase. Studio is operational with staff and a general manager in place. Image is attached from internal site showing you the member count of the top studios. Gym's have fixed costs and unlimited upside potential. You can't build one in CA for less than $700,000. Skip the year it takes to build, and stress of presale. Cash flow is based on owner operator. You should run the studio for a year, learn it, grow it, then hire a manager.
About the Business
Years in Operation
2
Employees
4 (1 Full-time, 3 Part-time)
4
Facilities & Assets
10 saunas, free weight zone, vending machine, water fountain, two bathrooms with a shower, retail wall.
Market Outlook / Competition
very few yoga and pilates studios in the area.
Opportunities for Growth
Hotworx is new to California and this deal comes with two additional licenses to open two other locations.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,200
Rent
$8,100.00 per month
Lease Expiration
3/15/2035
About the Sale
Seller Motivation
Owner is invested in a different industry and doesn't want to distract himself.
Transition Support
Owner will provide 60 days of training, and a current GM is on staff.
Listing Info
ID
2322112
Listing Views
1734

Contact Seller

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Business Listed by: Jeff M

Listing ID: 2322112 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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