Listing No: BBF-966-55482  
   

 

Category :  Fitness SIC :  7991  
Detail :  Fitness Aerobic Price :  315,000  
County :  Pinellas Down :  100,000  
State/Prov :  Florida Disc Earn :  271,386  
Country :  USA Sales :  567,938  

Unique opportunity to acquire a fully turnkey fitness franchise location in the surrounding Tampa, FL area at a value price due to unexpected circumstances for the current owners. Boot-camp style fitness studio powerhouse specializing in weight loss transformations through fitness, nutrition, and accountability coaching.

The business includes a build out and FF&E valued at over $325,000, a $50,000 standard franchise fee, and more. Priced to move at $315,000 this investment represents savings in both time and money compared with opening a brand-new franchise location.  The business generates sales of $567,938 based on annualized revenues from the first six months of 2024, producing a Seller’s Discretionary Earnings of $271,386.

The sellers are offering a great deal so they can accept a dream role out of state, opening an opportunity for the next owner. Seller financing for the right buyer shows the sellers’ commitment to, and belief in, the quality of the business.

The sellers will train the new owner and are offering a training period of an unusually long 180 days at no charge. The seller's experience includes a track record of coaching fitness and gym centers for growth and profitability, a $20,000 value. Don't wait, this will go quickly.

 


 

Listing Type :  EXCLUSIVE RIGHT OF SALE Date Revised  :  7/17/2024
Listing Office is :  TRANSACTION BROKER Code 
ERC Code 
:
:
 
 
Documents on File :  Equipment List:  Y     Lease: Y    Corp Resolution: Y
  :  Cash Flow: N     Balance Sheet:  N
  :  Standard Agreement: N     Signature on File: Y
Showing Remarks :  CALL BROKER TO SET UP A MEETING

Reason for Sale :  Other business investments
General Location :  Tampa, FL area
Organization Type :  'LLC'     Hours Owner Works: 20
  : Years Established: 5  Years Owned:  1  Emp FT:  4  Emp PT:  2  Mgrs:  2
Non Compete :  Miles:  10  Years:  5  Weeks Training:  24  Cost:   $0
Operating dys/hrs :  9:00AM-9:00PM (Mon.-Fri.) 8:00AM-2PM (Sat.) Closed (Sun.)
Skills/Licenses :  None
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: Y    Is Lender P/Q: N    Should Qualify For Visa: Y

Data Source Annualized      
Year (Cash Flow) 2024 (N) (N) (N)  
Gross Revenue 567,938 0 0  
Cost of Goods 52,512 0 0  
Gross Profit 515,426 0 0  
Expenses 273,860 0 0  
Net 241,566 0 0  
Owner Salary 26,000 0 0  
Benefits 3,820 0 0  
Interest Expense 0 0 0  
Depreciation 0 0 0  
Other 0 0 0  
Discretionary Earnings 271,386 0 0  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 20,000 N* ___________ 0 N*
F F & E 151,522 Y* Total Assets 476,522 Y*
Leasehold 325,000 Y*
*Included?  

Lease/Month: 7072 Square Footage: 3800 Building Type: Strip Center
Terms & Options: New long term lease avail Expiration Date: 6/1/2027

Loan/Assumable - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  
Loan/Seller - Amt:  215,000  Mos: 60  Rate: 8.00  Mo Pmt: 4,359.42  
Loan/Other - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  

RONALD MARK VANDIVER Office :  (855) 969-3534  
ASSOCIATE Fax :    
  Home :  (314) 971-0984  
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (314) 971-0984  
2640 GOLDEN GATE PARKWAY, SUITE 204        
NAPLES, FLORIDA 34105 Email :  [email protected]  
USA Home Page :  sunbeltofflorida.com