Women s Fitness Center Chain Temecula Area
Location: California, United States
Category: Education and Training
Type: Established
Asking Price: $475,000
Cash Flow: $200,000
Revenue: Not Disclosed
Gross Income: $1,230,000
Inventory: Not Disclosed
FF&E $110,000 - Included in the Asking Price
Real Estate: Not Disclosed
If you seek to acquire a business that presents a healthy and stable income stream, a pleasant lifestyle, and the ability to have a positive impact on the lives of your client base, why not be involved in physical fitness - the ultimate feel good business. This 3 location Riverside County women s fitness chain is a cash cow that has a highly stable membership revenue base, with supplementary income from personal training, product sales, and anything else that may be used to help people via the promotion of a healthy, active lifestyle. This is a unique opportunity to enter the world of fitness with full training (offered in the sale), a full staff of trainers, salespersons, and aerobic instructors available at each location. The proven business has consistently posted over $1.2 ml in annual sales, and offers the buyer tremendous security as the firm has in excess of $2.0 ml in membership agreement receivables over the next 3 years! (over 90% of this firms nearly 3,000 members are on a 3 year membership contracts with a historic 80% collection rate).
Facilities:
Each of the 3 facilities (1 at 4,000 square feet, 2 at 2,500 square feet) has secure leases in place (each with a 5 year option) at or below market rate. The sale comes with over $100,000 worth of fitness and cardio equipment, and office furniture paid off in the sale, as well as training for the new owner to ensure a seamless transition. Each facility has a childcare room, and the largest facility has a separate aerobics room, in addition to a cardio section and a circuit training room.
Financing:
Not Offered ...
Support:
Owner will train for 2 weeks at 25 hours per week, or as necessary. The franchise will also provide training to new owners.
Competition:
In recent years there have been a number of gender-based, relatively low-impact fitness chains, however, this company s program offers several distinct advantages over the competition (more than just better locations). The company s several years of high profitability indicates that is has a niche that will not deteriorate in the near future.
Growth:
New owners may seek to increase the size of the membership base via increased marketing, sign a higher percentage of clients up for personal training sessions, or open additional locations. Expansion may also be realized by increasing each locations class offerings (e.g. add yoga, pilates, kickboxing, tai-bo, spinning classes), add additional massage and/or esthetician services by offering facials, body wraps, etc. (lease and management agreement permitting), or add/expand the tanning offerings to include customized spray tans, etc.
Reason Selling: Personal
Number of Employees: 10
Year Established: 2002
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