Listing Number: 52941-919016
Description
Located conveniently in the fast-growing Collin County, Texas area, this highly rated fitness studio is the perfect investment for someone wanting a well established, profitable and growing fitness center or to add an exceptional location to their portfolio of existing fitness studios. The fitness studio offers 24/7 access, free weights/cardio equipment, group boxing classes, yoga classes, bootcamp sessions, and so much more.
Established in 2011, the fitness studio boasts over 250+ members and continues to grow its membership each year. The fitness studio is smartly laid out in a 6,000 sf facility that has been designed to feature the boxing/bootcamp/yoga portion of the studio on one half of the facility and the other half being focused on free weights and cardo equipment allowing members to focus on whichever type of workout they are wanting to engage at that moment.
The business continues to grow with CY 2023 revenue of $238k (8% growth over 2022) and CY 2023 SDE of $96k (a 12% CAGR since 2021). Despite this healthy growth, there are additional opportunities to accelerate the growth and performance of the business that the current owner recognizes but hasn’t deployed yet which the new owner can take advantage of to improve the business.
With the option for Seller Financing up to 50% of the purchase price, this is a great opportunity for someone wanting to get into the fitness studio business or someone expanding their current fitness studio business.
Listing Details
- Price: $ 149,000
- Down Payment: $74,500
- Sellers Discretionary Earnings: $ 95,919
- Total Sales: $ 238,106
- Location: Collin County, Texas
- Inventory: $ 0
- FF&E: $ 150,000
- Employees:
- Year Established: 2011
- Reason for Selling: Moved Out of State
- Category: Fitness
