Now is the time to join the Most Established and Strongest Performing Fitness Franchise Worldwide We’re turning passion into profits for our franchisees. The business has imbedded itself into the community and is the market leader in signing up new members.
- Asking Price:
- $350,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $250K - $500K (CAD)
- Cash Flow:
- $125,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The current term plus and option for 5 years
- Lease Rent:
- $25 (CAD) per sq ft per annum
- Location:
-
AAA location on a very busy street. Surrounded by residential and commercial developments.
- Premises Details:
-
Almost 7,000 square feet with a completed outfitted personal training and individual workout areas. All of the gym equipment is owned and included in the transaction.
- Size in square feet:
- 6,747
Business Operation
- Expansion Potential:
-
The current owner does very little marketing. Sales increase through "word of mouth", social media exposure and franchisor support
- Competition / Market:
-
There is standard competition in the market from franchise studios
- Reasons for selling:
-
The owner has other interests to pursue
- Trading hours:
-
24/7
- Employees:
- 4
- Years established:
- 2013
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Subject to the terms of the FDD
Other Information
- Support & training:
-
The current owner will say on to insure a smooth transition. The franchisor has an extensive training program.
- Furniture / Fixtures value:
- $275,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $5,000 (CAD) - included in the asking price
