Knockout Fitness Franchise - San Marcos - Asset Sale

Listing Number: 2401-673122

Description

Fun and popular 30 - minute interval training sessions offer workouts for all levels on member schedule. Customized analysis and program, nutrition support and related services. Friendly trainers help members kickbox their way to optimum fitness and other results desired.
Franchisor ensures consistent branding, equipment, and quality location to location. Very successful brand with approximately 700 franchise locations in 13 countries.
Great reviews. Still plenty of room to grow. Needs owner operator who is passionate about working in and on the business – growing membership and providing personal training that helps people get stronger.
2019 net membership 140. Equipment and flooring updated recently meets franchisor standards. Rates are affordable for most.
Lease including CAM about $4000 per month. Relocation possible within immediate area and recommended at lease renewal in about 11 months with opportunity to reduce rent by about $1,000 per month in new center, stronger location. Currently operates with 2FTE (5 PT employees)
Buyer to attend 3-day training with franchisor on the East Coast. Training fee covered by franchisor, T&E at buyer expense. Fixed Royalty & National Marketing Fee $524 monthly. Local marketing approximately $500 monthly. Miscellaneous technology and other fees approximately $250 month. Most franchise and other fees are fixed so your profits grow exponentially with increased membership. $10,000 franchise transfer fee.
2019 Gross Sales Projected over $100,000. Asking $25,000...a fraction of the financial and time investment required to start new.

Listing Details

  • Price: $25,000
  • Down Payment: $25,000
  • Sellers Discretionary Earnings: $0
  • Total Sales: $101,203
  • Location: San Diego County, California

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Year Established: 2016
  • Reason for Selling: Other business interests
  • Category: Fitness
Knockout Fitness Franchise - San Marcos - Asset Sale

Business Listed By:

Linnea Westlake