UNDER CONTRACT! Fitness Franchise for Sale in Fairview! Absentee Owner

This is a premier fitness franchise located in the posh and upscale neighborhood of Fairview, TX. This facility strives to provide the best possible workout to its clients on a daily basis. Its family-friendly environment is for anyone who wants to achieve his/her fitness goals – from stressed out college students to retired adults to moms on the go. Its staff strives to bring an awesome workout to everyone that steps through its doors and spare no effort in order to deliver the best time of client’s day. When it comes to weight management, good nutrition is vital. This business gives all members access to their own free personal nutrition program to achieve health objectives with daily meal plans, tracking, and community support. The team mentality at the gym helps members transform their lifestyle physically and mentally while encouraging community growth and a no-ego attitude. This business was established in May 2017; the current owner started this location from scratch. The business has grown tremendously over the last 4 years. Although the revenue and profitability dropped in 2020 and 2021 due to COVID-19 pandemic, the business is poised to make a nice comeback in 2022. The current owner is selling the business to pay attention to his corporate job and impending relocation to Florida and would like to handover this business to a new and energetic entrepreneur who can take this business to the next level. The buyer is expected to profit handsomely from this deal. For buyers who are interested in purchasing a package deal of two locations, please checkout McKinney location at: https://www.bizbuysell.com/Business-Opportunity/Profitable-Fitness-Franchise-in-McKinney-Absentee-Owner/1915809 Location: Fairview, Texas Year Established: 2017 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 2,519 Rent: $7,032.00 Per Month Lease Expiration: 10/31/2022 Facilities: The gym is housed in a spacious and well-equipped facility located in the affluent area of Fairview, TX near a major mall. The facility has a covered area of 2,519 sq. ft. and monthly rent of $7,032 (includes NNN). The current lease expires in Oct 2022 but tenant has one options to extend the lease for 5 more years. Market Outlook/ Competition: Although fitness industry is competitive, this business has established a great reputation and goodwill among its clients. The franchise has a unique and effective model which is very popular and its members stay longer with the program compared to other gyms. Growth & Expansion: The current owner can’t pay much attention to this business due to demands of his high tech corporate job. Most of the business comes from existing clients and referrals. A new owner can direct sales and marketing to further increase membership. There is a huge potential for growth in the fitness industry. This business can’t be outsourced.