Active
Growing Boutique Fitness Studio For Sale
This fitness business utilizes cutting edge low-impact technology. Customers experience a short trainer-guided workout which maximizes results and shortens the time necessary to reach them. After establishing this fitness business, the owners have substantially grown its client base. With this trajectory there is the opportunity to grow the business to have $150,000 SDE. The current ownership is seeking a partner to work in the business day to day. The option to partner with the current ownership is also available at $100,000.
Listed By: Nancee Roberson (CBI)
Background information
Reference:
N162-NR
Year established:
2020
Reason selling:
Owners have other business that are requiring their time
Finance
Sales:
$196,205
Profits:
$26,076
Profit type:
Discretionary Earnings
Operations
Employees:
2 employees - $50,000 Manager – Perfect for an owner operator to purchase the property. Other employee makes $35,000 a year.
Equipment:
FF&E: $100,000 (Included)
Premises
Facility:
1338 sq feet
Square footage:
1338 sq feet
Rent and lease terms:
Property rented. Rent is $2300 a month. 5 year lease with 2 and a half years left.
Opportunities
Growth:
With this trajectory there is the opportunity to grow the business to have $150,000 SDE
Price and terms
Price:
$200,000
Financing:
Available
Training:
Available as long as needed either as owner or as a partner.