Listing Number: 86715-230636
Description
**********SBA Prequalified***********
HOTWORX Hoover is a woman-owned, 24-hour fitness studio with 10 patented infrared saunas. The business is an infrared heat fitness franchise supported through a world class franchisor with over 1,400 locations providing world class support and systems for their franchisees. HOTWORX franchisor provides consistent marketing support and training with reasonable royalty requirements for their franchisees.
The company for sale has had robust sales growth over the last two years while generating profits for the company. The business is currently run absentee with a ready-made staff. This is a wonderful opportunity for a buyer to purchase an existing absentee owned business that has a lot of upside for increased revenues with existing equipment in great shape coupled with a high-end location providing newer leasehold improvements. The location has great visibility while located in a growing area of Hoover, Alabama that would continue to support strong demographics while increasing membership for the next buyer.
The benefits of purchasing a HOTWORX franchise is the following:
• Convenient and affordable membership options
• Unique and innovative fitness concept
• Low labor requirements Minimal staffing due to
Virtual Instructors
• Membership-based, recurring revenue model
• Multiple revenue streams
• Mobile App and 90 Day
• Unique brand positioning and brand promise
• Cost effective and results-driven marketing and advertising.
Listing Details
- Price: $ 275,000
- Down Payment: $275,000
- Sellers Discretionary Earnings: $ 51,995
- Total Sales: $ 200,519
- Location: Jefferson County, Alabama
- Inventory: $ 0
- FF&E: $ 185,794
- Employees: 4
- Year Established: 2021
- Reason for Selling: Focus on other interests
- Category: Fitness
