Greater Portland Area Workout Studio Franchise for sale
Financial Information
- Asking Price: $249,000
- Gross Revenue: $449,625
- Cash Flow: $130,075
- Down Payment: ON REQUEST
- FF&E (Included): $20,530
- Inventory: N/A
- Financing: Yes
Business Location
- Washington
- Portland
- Oregon
This workout studio is part of a strong and established franchise that has had continued growth and success. With an ideal location, an established team, and year over year increased cash flow %, this is a strong company with a strong brand. If you have a passion for health and fitness this is an opportunity you don't want to pass by. Fiscal year 2020 was down a bit in sales and cash flow due to the COVID-19 effect, however the owner expects to get back to full strength by spring of 2021. * Great Location * Year over year increased cash flow * Established brand with a history of success * Pre-Qualification Letter from a leading SBA Bank
Support / Training Comments
Seller & Franchise will provide training
Financing Comments
SBA Lending Pre-Qualified
Reason For Sale
Retirement- Home Based: No
- Year Established: 2016
- Franchise: Yes
- Year Acquired: 2016
- Willing to Train: Yes
- Relocatable: No
- Required Licences: Business, Health
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Days Open: Monday-Sunday
- Hours Open: Varies by day
- Fulltime Employees: N/A
- Part time Employees: 18
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 1,460 sq ft
- Monthly Rent: $4,792
- Lease Expires: 06/01/2021