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Listing ID: 3137861

Popular Fitness Franchise! Great Location! For Sale

Bronx, New York, United States

$ 199,000

(Inventory / Stock included)

Revenue: $ 519,933

Cash Flow: not disclosed

Business Description

Since 2017, this fitness brand has been providing quality programs & services with superior facilities as a kickboxing gym in and around the Bronx, NY area. Whatever you're looking for in a health and fitness business, you'll find it here. The gym combines a full range of cardio and weight loss programs with professional trainers. This business is a compelling opportunity and won’t last long.

Property Details

Years Established:

2 Years

Inventory Value:

$ 9,875

Other Details

Premise Details:

The property is 2,588 square feet and opened in 2017. The facility upgrades and all equipment are only 2 years old. Common areas include an abundance of striped/asphalt parking.

Competition:

The US is the world's largest health and wellness market, with 38,477 clubs and an annual growth rate of 3.6%. Industry revenue is growing at a slightly higher rate of 6.1% and is currently estimated at $30 billion.

Expansion Potential:

Owner is absentee and not active in the business currently. A new operator involved in the business will continue to grow the business at a faster pace than current owner.

Operation Details

Employees:

3 FT/ 4 PT

Trading Hours:

Mon-Fri 6am-9:30pm; Sat-Sun 8-1:30pm

Support & Training:

Will train for 2 weeks @ no cost. Popular nationwide fitness franchise for sale. Very easy to manage and a lot of fun. 2018 Owner Operators Benefit is $103,000, $56,000 for absentee owners. One additional territory is included for an additional $10,000 transfer fee. A $45,000 value. Seller will entertain all reasonable offers.

Miscellaneous

Reason For Selling:

Owner has other business interests.

Contact this seller

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