Franchised Wellness Center with 2 profitable locations
Hampton Roads

This franchised wellness center operates two successful locations, both benefiting from a straightforward, recurring membership model. Situated in prime, high-traffic areas with strong surrounding demographics, these clubs are well-positioned for continued growth. The business is supported by a dedicated staff who manage daily operations, allowing the owner to work part-time and focus on overseeing the managers. There are numerous opportunities to further expand the business in this area. This is an excellent chance to capitalize on an already profitable venture while continuing to enhance the well-being of its members.   

Listing Number:

24180

Category:

Fitness,Franchise

Location:

Hampton Roads
$856,000

Financial Information:

Gross Revenue:

$1,236,946

Listed Price:

$856,000

Down Payment:

$0

Total Income:

$317,475

Year Established:

2022

Lease Information:

Square Feet:

1600

Total Rent:

$4,335

Lease Expiration:

01/2032

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$170,000

Equipment / Fixtures:

$125,000

Inventory:

$7,000

Other Assets:

Franchise Territories x 3 = $135,000

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

26

Special Licence Required:

No

Contract Staff:

0

Training Period:

2 weeks plus franchisor

Reason for Selling:

Focus on Family and other business interest

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Franchised Wellness Center with 2 profitable locations
Hampton Roads

Listing Number:

24180

Category:

Fitness,Franchise

Location:

Hampton Roads

Listed Price:

$856,000
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
This franchised wellness center operates two successful locations, both benefiting from a straightforward, recurring membership model. Situated in prime, high-traffic areas with strong surrounding demographics, these clubs are well-positioned for continued growth. The business is supported by a dedicated staff who manage daily operations, allowing the owner to work part-time and focus on overseeing the managers. There are numerous opportunities to further expand the business in this area. This is an excellent chance to capitalize on an already profitable venture while continuing to enhance the well-being of its members.   

Financial Information

Gross Revenue:

$1,236,946

Listed Price:

$856,000

Down Payment:

$0

Total Income:

$317,475

Year Established:

2022

Lease Information

Square Feet:

1600

Total Rent:

$4,335

Lease Expiration:

01/2032

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$170,000

Equipment / Fixtures:

$125,000

Inventory:

$7,000

Other Assets:

Franchise Territories x 3 = $135,000

Additional Information

Full-Time Employees:

2

Part-Time Employees:

26

Special License Required:

No

Contract Staff:

0

Training Period:

2 weeks plus franchisor

Reason for Selling:

Focus on Family and other business interest

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.