Knockout Fitness Franchise - San Marcos-Asset Sale

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Asking Price:
$45,000

Gross Revenue:
$129,121
Cash Flow:
$31,807
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Fun and popular 30 - minute interval training sessions offer workouts for all levels on member schedule. Customized analysis and program, nutrition support and related services. Friendly trainers help members kickbox their way to optimum fitness and other results desired.
Franchisor ensures consistent branding, equipment, and quality location to location. Very successful brand with approximately 700 franchise locations in 13 countries.
Great reviews. Still plenty of room to grow. Needs owner operator who is passionate about working in and on the business - growing membership and providing personal training that helps people get stronger.
Membership at end of 2018 was 134, January 2019 showed growth to 141. Rates are affordable for most.
Lease including CAM about $4000 per month. Relocation possible within immediate area and recommended at lease renewal in about 18 months with opportunity to reduce rent by about $1,000 per month in new center, stronger location. Currently operates with 2FTE (1 Assistant Manager and 3PT employees)
Franchise transfer fee paid by seller. Buyer to attend 3-day training with franchisor on the East Coast. Training fee covered by franchisor, T&E at buyer expense. Fixed Royalty & National Marketing Fee $524 monthly. Local marketing approximately $500 monthly. Miscellaneous technology and other fees approximately $250 month. Most franchise and other fees are fixed so your profits grow exponentially with increased membership.
2018 Gross Sales $129,121, Asking $45,000.

About the Business

Location:
San Diego County, California
Year Established:
2016
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,175
Rent:
$4,000.00 Per Month
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About the Sale

Reason For Selling:
other interests
Training/Support:
2 weeks

Listing Info

ID:
1617576
Ad Detail Views:
0

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Business Listed by

Linnea Westlake

Transworld Business Advisors
License# 02028068

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Sponsoring Broker:

Marshall Pollock
Transworld Business Advisors
License# BRE # 01100886

U.S. Census Data for San Diego County, CA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for San Diego County, CA
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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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