Workout Center For Ladies Only
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $144000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 2003
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training This Company is a Franchise of Ladies of America..
Reason for Sale The Owners wish to pursue other interests.
Description This owner- operated business was originally established in 2003 and has been in continuous operation since that time. This business specializes in an interval circuit training exercise program for women. To enhance the business, there are specials for seniors and teens; child care for members, massage therapy and the sale of miscellaneous related goods such as water, advertising space, exercise clothing, and a line of vitamins. The following services make up the gross sales of the business: monthly memberships for exercise (80%), down payments at sale (17%), and all other income (3%). As the only exercise facility in the growing city of Leander, TX, this Company has strong ties within the community and enjoys unprecedented loyalty and customer satisfaction.
Monthly costs are relatively fixed in this industry. Once membership covers costs, the profit margin exceeds 80% per member. Having reached the break even point with 500 members and being located in a rapidly growing suburb of Austin, the growth potential is enormous.
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