No Experience Necessary - $50k down - Own a Fitness Franchise!

Asking Price$220,000

Cash Flow
$55,721
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$276,118

Inventory$11,000
Included in asking price
FF&E$81,547
Included in asking price
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No Experience Necessary - $50k down - Own a Fitness Franchise!


Asking Price$220,000

Cash Flow
$55,721
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$276,118

Inventory$11,000
Included in asking price
FF&E$81,547
Included in asking price

Seller Financing Available
Business Description
Are you ready to take the reins of a positive fitness business and make your mark in the community? Look no further than this established Fitness Fitness Center located in Vancouver, Washington. Founded in 2015, this fitness studio quickly became a local favorite, with a unique selling point of NO direct competition in the area.

Despite facing challenges during the COVID-19 pandemic, this popular franchise has bounced back stronger than ever. The business has been experiencing a steady increase in revenues and strong potential for growth and profitability. What's more, this income is partially passive, which is ripe for growth if you have a dedicated person!

The owners are open to creative funding solutions including seller carry and/or taking over an existing loan (if allowed by SBA).

This Fitness Center boasts a loyal clientele base who have been with the business through thick and thin. Their trust and loyalty provide a solid foundation for the new owner to build upon. Additionally, the business's reputation for delivering high-quality fitness programs and services has helped it stand out in the crowded fitness landscape.

The bonus of a franchise is that there is a built in support system to help and advise on Marketing, Finance, Operations and HR!
No Experience necessary, just a desire and dedication to grow. Don't miss out on the chance to own a profitable fitness business with unlimited growth potential in the bustling fitness industry. This Fitness Fitness Center in Vancouver, Washington is your ticket to a rewarding and lucrative business ownership experience – seize it today!
About the Business
Years in Operation
10
Number of Employees
22
Franchise
This business is an established franchise
Facilities & Assets
Lease Terms Options: Approx. 3% annual increase

Facilities: Their facility is located in a busy and upscale retail center. This facility has plenty of parking, is kept clean with professional landscaping and has the feel of a Class A/A- space.

FF&E Overview: The FF&E is all in great condition. Most of the value resides in a state of the art sound and speaker system as well as 26 newer bikes.

FF&E General Condition: Excellent
Market Outlook / Competition
There is no direct competition within 12 miles.
Opportunities for Growth
There has been an upward and organic trajectory since COVID and the business is on track to make this 100k in revenue in partially passive income with no changes! With active management, this could grow even further through expansion of existing classes, new added classes, targeted advertising, and more community involvement/awareness. With the right owner at the helm, they could make this an even stronger business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,055
Rent
$5,206.43 per month
Lease Expiration
7/31/2030
About the Sale
Seller Motivation
Moving on to new business
Transition Support
Number of Weeks Seller Will Offer Training: 2
Financing Options
Owner Terms:$200,000.00 Interest:7% Term Months:120 Monthly Payment:$2,321.00
Listing Info
ID
2294477
Listing Views
2391

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Business Listed by: Kristin Young Transworld Business Advisors of Vancouver

Listing ID: 2294477 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.