Profitable Gym Franchise - Only 1 year old and already netting over $

, Texas 6 views 0 favorites

Financial Highlights
Asking Price
$308,459
Revenue
$336,536
Business Description

This is less than a 1 year old indoor cycling franchise, the the build out and equipment is all new and they are already profitable with over 400 recurring members paying monthly. Owner is semi-absentee. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) at trent@fcbb.com. Location: El Paso, Texas Year Established: 2011 Number of Employees: 1FT, 6PT, 11 IC Franchise: Yes Real Estate: Leased Building Sq. Ft.: 2,000 Rent: $3,455.75 Per Month Lease Expiration: 6/1/2025 Facilities: This is a leased location of 2,000 square feet with a Total Monthly Rent of $3,455.75. Lease ends 2025 with Two 5 year options. Seller is active in the business with 1 FTE, 6 PTE, and 11 Independent Contractors. Hours of operation are 5:30-11am / 3-7:30pm Mon, 5:30-11am / 4-9pm Tues-Thur, 5:30-11am / 4-7:30pm Fri, and 7:30am-1pm Sat & Sun. $200,000 in FF&E included in asking price. $200,000 made in Leasehold Improvements.

Business Details
Industry:
Health Care & Fitness
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 14 hours ago

Views: 6

Favorites: 0