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.
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Listing Type | : | EXCLUSIVE RIGHT OF SALE | Date Revised | : | 7/17/2024 |
Listing Office is | : | TRANSACTION BROKER | Code ERC Code |
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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 protected] | ||
USA | Home Page | : | sunbeltofflorida.com |