Motivated Seller! Best time to own a Fitness Business!

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Profitable in great location with tons of growth potential!
Asking Price:
$50,000

Gross Revenue:
$103,000
Cash Flow:
$29,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

Great opportunity for an owner operator to partner with the
market leader and fastest growing fitness Franchise!

-This 9Round is currently the ONLY such gym established in both the Tri-Cities (at junction of Ft. Lee, I-85 and I-95) AND South of the James River area of Richmond.
-No build-out costs and time will be necessary. Buyer will simply receive keys and begin business with clientele already in place.
-The Fitness Phenom that customers love! Its only 30 minutes
New owner needs to increase memberships by following this successful franchise model and start reaping the rewards.
Starting a club from the ground up costs between $91,600- $133,200. This club has a good customer base already. Seller is moving and needs to sell.
What is 9Round?
More than a gym, 9Round provides members with a unique, full-body 30-minute workout that fuses elements of boxing, kickboxing, and mixed martial arts, making it one of most exciting concepts in fitness.
For members, the best parts are:
there are no class times, due to the circuit format
the workout changes daily, so they never get bored
there is always a trainer there to guide and motivate them
Your members also get access to the 9Round Members Portal, where they can access tools, tips and expertise to help them with their nutrition and meal planning, so they experience results even faster.

About the Business

Year Established:
2014
Number of Employees:
1-2
Relocatable:
Yes
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$1,992.00 Per Month
Lease Expiration:
4/30/2019
Website:
www.9round.com/
Market Outlook/
Competition:
Market leader and fastest growing Franchise! “It’s only 30 minutes!” This is what most people say, with a hint of arrogance, when they hesitantly walk inside one of our 9Round clubs. The trainers on the clock know to just smile, and say, “You are correct, and our goal is to give you the best 30 minutes of your day.” Inside the customer’s mind, we know they are saying, “How can I possibly get a good workout in just 30 minutes?” After they are finished with their first workout, they now GET IT! They realize they don’t need more time in the gym, just more focused intensity and that’s what 9Round is all about.
Growth & Expansion:
Best Industry to be in! Partner with a brand that is disrupting the fitness Industry.
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About the Sale

Reason For Selling:
seller is moving
Training/Support:
Full training provided by Franchisor

Listing Info

ID:
1612897
Ad Detail Views:
0

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Business Listed by

Yeliv-Jill Adams

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