Orangetheory Fitness
Grayson County, TX
| Asking Price: | $837,000 |
| Gross Revenue: | $640,000 |
| FF&E: | $110,000 |
| Cash Flow: | $30,000 |
| Rent: | $7,592 |
| Established Year: | 2023 |
Listing ID: 2306586Listing provided by BizBuySell
BUSINESS DESCRIPTION
This established Orangetheory Fitness franchise offers a unique chance to join one of the fastest-growing fitness brands globally. With a loyal customer base, prime location, and strong local community engagement, this studio is poised as a growth opportunity for a suited buyer.
Currently, the business has limited cash flow due to minimal investment in marketing along with high loan payments. This presents a golden opportunity for a new owner to leverage OrangeTheory’s proven marketing strategies, refinance to increase cash flow, and expand local outreach.
DETAILED INFORMATION
Location
Grayson County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,200
Lease Expiration
10/07/2027
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
July 2023 Newly constructed gym facility with bathrooms and showers. Unique two entry way gym layout for easier member transition between classes. All fitness equipment included.
Owner is also selling Anna/Melissa, TX franchise rights with location for growth advantage or resell.
Competition
M: Strategic location next to medical center of 4,000 employees alongside a food distibution center with 1,700 employees. Technology manufacturer is slated to bring 3,000 jobs in mid 2025.
C: Competitors include Anytime Fitness, Planet Fitness, and 2 other small gym owners within a 20mi radius.
Growth & Expansion
Anna/Melissa, TX license can be leveraged to expand just north of Dallas.
Support & Training
Owner is willing to help during the transition of the business for 6 months post transaction date.
Reason for Selling
Owner has leveraged external entrepreneral priorities while also completing law
Franchise
This business is an established franchise
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