| Listing No: BBF-966-54377 |
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| Category |
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Fitness |
SIC |
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7999 |
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| Detail |
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Martial Arts |
Price |
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59,000 |
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| County |
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Pinellas |
Down |
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25,800 |
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| State/Prov |
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Florida |
Disc Earn |
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180,000 |
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| Country |
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USA |
Sales |
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900,000 |
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***PROFIT IS PROJECTED***SIGNIFICANT SELLER FINANCING AVAILABLE FOR RIGHT BUYER***
Rare opportunity to acquire or partner in a turnkey fitness franchise location in the surrounding Tampa, FL area at a value price due to unexpected circumstances for the current owners. This boutique fitness studio powerhouse specializes in weight loss transformations through fitness, nutrition, and accountability coaching. Alternatively, you can bring your own fitness brand to the space, coaching included for a value investment.
Seller originally acquired 2 previously opened locations when the previous owner had financial difficulties in the Tampa area with plans to reopen both locations, opened the first, is now relocating due to unexpected good fortune in his other business, and needs to reduce their portfolio. This second location is ready to be opened and primed for growth.
The available location and acquisition cost includes a build out valued at over $315,000, FF&E valued over $120,000, $50,000 standard franchise fee, and more. At $59,000 this investment represents significant savings in both time and money compared with opening a brand-new franchise location. The sellers are offering a great deal to have this location taken “off their plate,” due to an unexpected good fortune in their "day job," leading to an opening of an amazing opportunity for the right buyer. Plus, the sellers will train the new owner and are offering a training period of an unusually long 180 days at no charge. Alternatively, for the right individual, a partnership in the venture is also on the table. The current owner’s experience includes a track record of coaching fitness and gym centers for growth and profitability, a $20k+ value, and is part of a YouTube success story.
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| Documents on File |
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Equipment List: Y Lease: Y Corp Resolution: Y |
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Cash Flow: N Balance Sheet: N |
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Standard Agreement: N Signature on File: Y |
| Showing Remarks |
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CALL BROKER TO SET UP A MEETING |
| Reason for Sale |
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Relocation |
| General Location |
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Tampa |
| Organization Type |
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'LLC' Hours Owner Works: 0 |
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: |
Years Established: 1 Years Owned: 1 Emp FT: 0 Emp PT: 0 Mgrs: 0 |
| Non Compete |
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Miles: 18 Years: 5 Weeks Training: 24 Cost: $0 |
| Operating days/hours |
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6:00AM-8:00PM (Mon.-Fri.) 8:00AM-12PM (Sat.) Closed (Sun.) |
| Skills/Licenses |
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None |
| Business |
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Is Relocatable: N Is Home Based: N Is a Franchise: Y Is Lender P/Q: N Should Qualify For Visa: Y |
| Data Source |
Proforma |
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| Year (Cash Flow) |
2024 (N) |
(N) |
(N) |
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| Gross Revenue |
900,000 |
0 |
0 |
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| Cost of Goods |
300,000 |
0 |
0 |
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| Gross Profit |
600,000 |
0 |
0 |
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| Expenses |
420,000 |
0 |
0 |
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| Net |
180,000 |
0 |
0 |
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| Owner Salary |
0 |
0 |
0 |
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| Benefits |
0 |
0 |
0 |
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| Interest Expense |
0 |
0 |
0 |
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| Depreciation |
0 |
0 |
0 |
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| Other |
0 |
0 |
0 |
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| Discretionary Earnings |
180,000 |
0 |
0 |
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| Accounts Rec |
0 |
N* |
Real Estate |
0 |
N* |
| Inventory |
7,000 |
N* |
___________ |
0 |
N* |
| F F & E |
124,487 |
Y* |
Total Assets |
439,487 |
Y* |
| Leasehold |
315,000 |
Y* |
| *Included? |
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| Lease/Month: 7987 |
Square Footage: 3000 |
Building Type: Strip Center |
| Terms & Options: New long term lease avail |
Expiration Date: 9/1/2028 |
| Loan/Assumable |
- Amt: |
0 Mos: |
0 Rate: |
0.00 Mo Pmt: |
0.00 |
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| Loan/Seller |
- Amt: |
0 Mos: |
0 Rate: |
7.00 Mo Pmt: |
0.00 |
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| Loan/Other |
- Amt: |
0 Mos: |
0 Rate: |
0.00 Mo Pmt: |
0.00 |
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| RONALD MARK VANDIVER |
Office |
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(239) 849-9334 |
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| ASSOCIATE |
Fax |
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Home |
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(314) 971-0984 |
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| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS |
Cell |
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(314) 971-0984 |
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| 2640 GOLDEN GATE PARKWAY, SUITE 204 |
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| NAPLES, FLORIDA 34105 |
Email |
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| USA |
Home Page |
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