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Established fitness franchise with potential for over $10k profit a mo

St. Louis County, MO

Seller Financing Available

listing image
Asking Price:$400,000
Gross Revenue:$336,000
Rent:$8,500/Month
Established Year:2018
Cash Flow:$30,000
Inventory:$35,000
FF&E:$50,000
Listing ID: 2276941Listing provided by BizBuySell
BUSINESS DESCRIPTION

Existing membership and staff working with one of the top franchises in the world. Get in line before the new year to capture the potential profit from the "New Year Fitness Rush". Located inside a leased space (lease through 2028 with potential for extension) in a well established area near top St. Louis schools. Business will include all equipment and hardware/software needed to start from day one with staff already in place and trained. Minimal training needed to run the business, turn-key with high upside for large net profits

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DETAILED INFORMATION
Location
St. Louis County, MO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
01/07/2028
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2400 Sqr ft leased space with existing exterior sign. Located in nice neighborhood, all equipment will be included in sale: treadmills, weights, computers, networking equipment, office equipment
Competition
Great location, next closest competition is over 5 miles away. Local ownership of other franchises are available for help.
Growth & Expansion
First year gross revenue topped over $400k a year, with potential to reach 70-80% of that after the covid downturn. Market is stable, seasonal transactions to occur which show fluctuations month to month but business remains profitable
Support & Training
Can help buyer get started with understanding the corporate hierarchy and the business fundamentals
Reason for Selling
Family comes first, we do not have the time with our growing family to dedicate
Home-Based
This business is Home-Based
Franchise
This business is an established franchise
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Chris Kohler
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Chris Kohler
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