This is an outstanding opportunity to step into a turnkey, fully built business in the very desirable Boca Raton area with a TOP blue-chip brand (#1 in the sector) in the recession resistant $87 Billion fitness industry at LOW cost – literally pennies on the dollar of cost of opening a new location.
The location is in immaculate condition available for a fraction of the cost to build out new – $60,000 all-in (franchise fee only, the gym, existing customer base, equipment, fixtures, etc. are FREE!) that cost $350K – $450K new – AND – you avoid the cost and time of lease negotiation, build-out, etc.
Why would the company be selling these at such a low cost? These are corporate owned locations so they will be able to eliminate the G&A overhead, lease costs, etc. of maintaining these locations while the new owner can use the savings to invest in marketing, operations, etc., to build revenue which is best for both parties.
The fitness industry is a recession resistant industry that will ALWAYS be in demand and cannot be outsourced or replaced by technology – one of the very BEST in franchising! It’s NOT a question of IF fitness will come back in a BIG way but WHEN it will come back, and the earliest investors will enjoy the lowest acquisition cost.
Just as in investing, smart investors know that it is best to buy “the dips” in well capitalized, good companies in historically strong sectors that are poised for a rebound for the potential for the highest return due to the low price.
Covid impacted many fitness clubs and caused declines in revenue. However, the decline in revenue provides an outstanding opportunity to acquire a beautiful, turnkey location with the #1 brand in the industry at NO cost! This creates a great opportunity for exceptional upside due to the low cost and expected rebound in fitness driving increased revenue to provide the potential for very high cash-on-cash return.
ACQUISITION INCLUDES:
• Fully built, turnkey location
• Upgraded ops in compliance with state health codes
• ALL assets, POS, technology, etc.
• ALL systems in place, fully operating – marketing, operations, management, etc.
• NO remodel or updates required
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Capital Requirements:
• Liquid Capital: $100,000 (this is to cover the franchise fee and operating expenses)
• Minimum Net Worth: $500,000
| Price: | 60,000 |
| City: | Boca Raton |
| State: | Florida |
| Year Built: | 2006 |
| Listing Number: | 3039 |