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Listing ID: 2717541

Outstanding Franchised Fitness Business For Sale

British Columbia, Canada

CA$ 1,300,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 1m to 5m

Cash Flow: CA$ 250k to 500k

Business Description

This is a rare opportunity to purchase two studio locations which represent a protected market of a World-wide fitness leader. Both opportunities are located in British Columbia and exhibit huge growth potential as they already have a significant membership base and the communities around them continue to grow at record pace.

Long-term favorable leases are in place that will allow you to fully exploit these fantastic locations. The typical costs to establish a studio are between $600,000 to $650,000 each. For the price of a new franchise, there is tremendous opportunity for an engaged new owner with strong marketing skills to build upon the existing strong membership base.

The franchisor offers comprehensive support and training to ensure that you can make the most of the opportunity and the model itself helps maintain high margins and low overhead. This strong support and superior model has allowed the Franchise to grow significantly over the last number of years with over 700 studios operating and a growing list of new locations each month. This Franchise has received numerous awards from both the franchising community, and the fitness community. It is truly get a win/win scenario where both the business owner and the members are extremely happy with their results!

Membership and revenues are increasing rapidly under the implementation of a new marketing plan. 2018 profits aggregated from both locations are projected to be approximately $350,000 based on revenues of over $1.2 million.

Property Details

Other Details

Business Location:

2 locations are being sold. Both offer great customer access in growing communities.

Premise Details:

Each location is fully outfitted and occupies slightly over 2000sqft with assumable leases in place.

Expansion Potential:

The business has been growing substantially this year with the advent of a new marketing program. Continuing the marketing program will allow for sustained growth. Opportunity is also available to open another studio in the same market.

Operation Details

Support & Training:

The current owner will stay on to ensure the success of the purchaser.

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