Turnkey F45 Gym in Prime Location - Price Reduced to Sell Fast!

Houston, TX

Seller Financing Available

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Asking Price:$99,000
Gross Revenue:$250,252
FF&E:$150,000
Cash Flow:$54,643
Rent:$9,991/Month
Established Year:2020
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-329629

Don’t miss this opportunity to purchase a turnkey gym that is part of a global fitness franchise with over 2,000 studios worldwide. Launched in 2011, they were ranked as the fastest growing fitness franchise in the U.S. in 2021, and one of the fastest globally. This gym is strategically located in the middle of the 7th largest market in the U.S., with an existing membership base generating consistent revenues for a buyer to enjoy and build upon. Indeed, given its large size and strong demographics, including roughly 25 apartment complexes within a 2-mile radius, there are ample opportunities for significant membership growth within the current class schedule and gym structure.

This gym already has a management team in place, with a Studio Manager and 6 additional trainers on staff. Its reputation for providing a top-notch workout experience, as well as a tribe-like community, is reflected in its more than 160 google reviews with a 4.9-star rating. This strong, tenured team enables the current owner to operate the business on a semi-absentee basis. The current owner is selling due to a pending relocation outside the U.S.

As consumers continue to learn more about the benefits of good health and fitness, demand for gyms like this one should continue to rise. With Mark Wahlberg currently serving as the F45 Chief Brand Officer, as well as the ongoing development of new strategic partnerships and other initiatives to grow the membership base, this gym is well-positioned for a new owner to scale the business for even greater profitability.

The price is reduced to approximately 20% of newbuild costs.

All reasonable offers will be considered.


DETAILED INFORMATION
Location
Houston, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,011
Lease Expiration
29/11/2029
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: 2 5-year options
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Seller Relocating
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Kevin
Blodgett
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Kevin Blodgett