Listing Number: 76931-662054
Seller looking for immediate out from this business, and has substantially dropped the price: $99,000 OBO. Buyer needs all cash to acquire the business, working capital to operate, and the ability to be approved by franchisor and landlord. Great opportunity to get this almost brand new business cash flow positive.
As a bonus, the buyer will also receive an additional territory with the purchase, they can build out at a later time, or sell outright. Second territory is located in West Houston.
This is an asset sale, and not based on cash flow. Motivated seller!
This boxing and fitness focused franchise is now available for a new owner to take over turnkey, and at a reduced cost versus building from scratch. Touted as the fastest growing new fitness franchise ever, this gym delivers brand recognition, proprietary workouts, and state-of-the-art technology to build a successful business. The existing owner started site selection and buildout in late 2020 and opened at the end of 2021. While the seller is passionate about the business opportunity, the distraction of other entrepreneurial pursuits has not allowed for the attention to grow the gym, and employees need more hands-on direction to get the gym operating at its peak level. Located in an affluent area southwest of Houston, this charming city is the perfect backdrop for this thoughtfully developed boxing gym. Business is located amongst upscale services businesses. Included in the sale price are all leasehold improvements ($260K), FF&E ($135K), territory fee ($40K) and operations. Great opportunity for an existing franchise owner to add to their portfolio, or buyer who desires this specific territory to launch their first location. Potential includes educating the community on the brand, which in partnership with the most successful boxer of all time, delivers an immersive training experience, utilizing industry-leading programs, technology & content.
This business is being offered as a sale of assets, not cash flow, and therefore is not subject to financial due diligence. However, any information that is helpful to the buyer and is available will be provided.
- Price: $ 99,000
- Down Payment: $99,000
- Sellers Discretionary Earnings: $ -78,101
- Total Sales: $ 198,058
- Location: Fort Bend County, Texas
- Inventory: $ 1,000
- FF&E: $ 135,000
- Employees: 6
- Year Established: 2020
- Reason for Selling: Divesting
- Category: Fitness