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Business for Sale Summary

Growing Fitness Franchise for sale in CT - 35350

Business Type: healthcare related services,other personal services,seller financing available,sporting goods/ exercise/ gyms,sports complex,gym/health club
Owner Financing
Growing Fitness Franchise for sale in CT
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This business has received 6 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $265,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$99,000 Down and Possible for a well-qualified buyer with a significant down payment and a PG.

Business Description

Growing Fitness Franchise Opportunity. Price Reduced! Established in 2021, this business has shown year over year growth. Unfortunately, the owners have decided to part ways due to a partnership disagreement. That has created an opportunity for someone new to come in and run with the current concept to service the demand in the area. This is a 4,500 sf health club currently offering group fitness classes, in-person and virtual workouts. There is also an outdoor training area and free child care. In the past year the business grossed approx. $265,000.00. 2022 sales are up 13% over 2021. There are over 8 years left on the current lease with a rent of only $2525/mth. The seller may consider seller financing for a well-qualified buyer with experience. We are seeking a serious and financially qualified buyer with at least $75K in liquid funds. The ideal buyer would have experience in the fitness industry. Proof of funds will be requested before any buyer seller calls or meetings. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.