Women's Fitness Franchise - Growing Location
Location Colorado,United States
Asking Price Range < $250K
Gross Revenues $105000
Net Profit / Cash Flow $10000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Inventory 18500
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Sellers will directly assist with transition and training in aspects unique to their management. Franchise provides excellent 1 week training.
Reason for Sale Family obligations.
Description Turnkey opportunity to own the #1 Women s fitness franchise territory and club within a high traffic, growing upscale surrounding community. The club was opened in 2004 by a multi-club absentee owner. In mid-2006, the current owner acquired the club, which was loosing members from the neglect of the absentee owner. The current owner remodeled the club s appearance and has effectively worked to grow the membership to over 200 active members. The beautiful 1200 sf facility is efficiently designed, in excellent condition, has 13 stations, all upgrades with Smart equipment and computers. Other assets include Go Figure club management system and all necessary computers, stereo system, furniture and equipment. Existing lease has a 5-year renewal option. Territory potential exists to double membership within existing facility. Franchise in this area is only available through a re-sale. Increased advertising would boost membership. There is also opportunity for an owner-operator to introduce a weight loss program and other enhancements to boost revenue. Contact for more information on this Fitness Franchise for sale.
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