Active
Turn Key- Established Kickboxing Fitness Studio- Easy to Run
Listed By: Senthil Kumar
Background information
Reference:
ggdfg
Year established:
2014
Reason selling:
Retirement
Finance
Sales:
$108,000
EBITDA:
$5,000
Operations
Employees:
3
Equipment:
Included in asking price $50,000
Inventory:
Not included in asking price
Premises
Facility:
the 1100 square foot studio includes an ADA accessible rest room and storage room. The workout space is about 1050 square feet. The 9 stations are about 3 feet apart. Each station has the appropriate equipment to accomplish the daily workouts. All assets are included in the asking price. The premises is leased with the first 5 year option coming up in sept 2024, and the expiration of the lease is in sept of 2025.
Rent and lease terms:
$2,778 per Month
Location:
Laurel, MD
Opportunities
Growth:
The market area in the region is ripe for you to expand as 9ROUND Kickboxing Fitness studios are designed to be neighborhood centers. Very few competitors that cater fitness and kickboxing like 9round.
Price and terms
Price:
$49,000
Financing:
The franchisor has numerous recommendations
Training:
Current owners will consult for first 3 months. Franchisor provides support through multiple departments. New owner will attend training camp for 5 days in Greenville, SC where the home office is located.