Printer



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.