RowHouse Raleigh Midtown for Sale - Fully Operational Business!

Raleigh, NC
Asking Price:$50,000
Established Year:2019
ASSET SALES DESCRIPTION

Boutique Indoor Rowing Fitness Facility

At RowHouse, we know anyBODY can row. Our 30 and 45 minute workouts include resistance training and low-impact cardio training that's adaptable to all fitness levels. The studio is fully-operational, with recurring members, and has been in operation for 5 years. There are 5 years left on the franchise agreement and lease. It's located in the Midtown East shopping center, in an affluent area of the city with plenty of foot traffic!


DETAILED INFORMATION
Location
Raleigh, NC
Facilities
This is a 2048 sq foot facility divided into approx. 1450 sq gym and lobby/reception area. There are two individual bathrooms and laundry room with w/d and utility sink and two rooftop 5 ton a/c units. The studio is outfitted with an a/v system including 6 speakers, multi-color LEDs, and voiceover with a microphone pack/headset. The assets include lockers, desk, retail fixtures, welcome desk, and printer. Fitness equipment includes 26 Concept 2 rowing ergs and numerous free weights ranging from 1 lb to 25 lbs and corresponding racks/storage fixtures.
Support & Training
This franchise location is fully operational, with 6 trained coaches, a lead coach, and 2 sales team members. Franchise support includes coach and sales training and lead generation support. The franchise owners converse daily to troubleshoot issues, share triumphs, and collaborate across the brand.
Reason for Selling
My spouse and I have received military orders taking us out of the state.

BUSINESS LOCATION
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Andrea Boynton
Andrea Boynton