Network of 3 Passive Boutique Wellness Centers in NYC

New York, NY
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Asking Price:$2,600,000
Gross Revenue:$3,580,000
Established Year:2022
Cash Flow:$536,000
FF&E:$600,000
BUSINESS DESCRIPTION

VERY SIMPLE business model!

Network of 3 locations, across 60 blocks, in a great residential area of Manhattan. This boutique fitness/wellness model is part of a franchise with over 400 open locations. This is a VERY SIMPLE business model, and it all happens in less than 1,500 square feet per location. Recurring revenue, less than 1% COGS, and few employees make this a great quality of life business. The network is of wellness centers has growing sales, and layers of management in place to help make this an executive management business model. Many franchisees have full-time jobs, and for many franchise owners running 3 units is their full-time job. If you are looking for a premier wellness brand in premier locations, with great cash flow that is SIMPLE to OPERATE and has growing sales, call about listing 15728


DETAILED INFORMATION
Location
New York, NY
Inventory
Not Included in asking price
Real Estate
Leased
Employees
45
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Franchise
This business is an established franchise
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Ken
Stein/Kensington Company
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Ken Stein/Kensington Company