Multi-Unit Fitness Franchise Portfolio w/ Expected 500k in Cash Flow!

Seller Financing Available

Springfield Strategies presents this remarkable opportunity to acquire four fitness franchise locations in Metro Atlanta and throughout Georgia.

This top-ranked brand boasts over 400 locations in 38 states and has become a leader in the fitness industry.

All locations included in this offering are fully staffed and turn-key, and there is a Director of Operations in place to ensure all studios are reaching key performance targets.

Location 1: Opened in 2021, this flagship location is one of the top-performing stores in the franchise system. The studio is located in a Best Buy anchored shopping center with some of the top big box stores, and restaurants such as Chick-fil-A, Texas Roadhouse, Outback Steakhouse, and other notable businesses located in the immediate vicinity. Location 1 has over 500 members and had a 2023 Net Operating Income of $267,070.

Location 2: Acquired in 2022, this location was purchased from an underperforming, absentee owner. The current owners installed appropriate lead employees, implemented their proven operational practices, remodeled the location, and brought the studio from break-even to a 2023 Net Operating Income of $154,234. The owners believe with more involved ownership, this studio should grow by more than 50%.

Location 3: This location was also purchased in early 2023 from an out-of-state owner who was underperforming in comparison to a typical studio. By implementing systems and process improvements and bringing the studio back in line with the franchise's best practices, the owners were able to increase membership and profitability and end the 2023 year with a Net Operating Income of $93,385. This location just completed a full renovation in late 2024.

Location 4: Located in a rapidly growing South Ga city, this studio is situated in a class “A” retail center with other notable names such as Panera Bread, Jos. A. Bank, and Talbott’s. This studio is brand new and STUNNING! Since opening, the studio has experienced rapid membership growth and recently surpassed the break-even hurdle. Net Operating Income for June 2024 was $17,429. This Location will be a cash monster!

***Cash Flow and Revenue noted in the listing title and stated in certain fields above is based on pro forma***

Why are they selling such an amazing asset?

These newly built or remodeled locations were part of an investment strategy for a multi-partner collaboration. The partnership spent the last several years opening, acquiring, remodeling, and building these locations with the intention of building a large-scale portfolio within the brand. As time went on, life circumstances required two of the partners to go in a different direction, and the remaining partners were no longer interested in completing a large-scale roll-up. The decision has been made to divest from the portfolio, leaving an unbelievable opportunity for a buyer looking to continue to grow operations and build on the seller's proven formula for success.