Last Revised: 12/4/19. Posting #: 10249068
Key Words: fitness, fitness studio, gym, gyms, hiit, hiit studio, high intensity interval training, interval training, interval training studio, franchise, district of columbia
Financial Info: Asking Price: $399,000. Building Size: 2,133 sq. ft. Rent: $8,800/month. $300,000 of infrastructure and equipment – all new as of Q1-2019. Cash flow positive by month 3. Financing: Possible.
Profile: Ideal acquisition before the busy selling season.
Hot, new franchise in the popular "interval training" space. Studio is located in downtown D.C. and opened only 5 months ago.
All the hard work has been done for an enterprising new owner to come in and reap the rewards.
• $300,000 of infrastructure and equipment – all new as of Q1-2019
• Cash flow positive by month 3
• Perfect location in downtown DC to attract key demographic (F/30)
• Demand is growing with new buildings and tenants coming to the market
• Long-term, below market lease
• 20-mile brand radius restriction for DC
• Great relationship with managers of neighboring residential buildings
• Strong membership base with tremendous upside
• 4.9 star average rating across all platforms
• Good social media presence
• Great coaching team
• Simple to manage physical plant
• Great brand with proven track record in multiple cities
• Brand continues to expand to new markets
• Centralized programming from HQ (plug and play for coaches)
• Standardized formats
• National marketing and event exposure
Location: Washington, DC
Real Estate: Leased
Building Size: 2,133 sq. ft.
Competition: Typical competition but this is a narrow niche where you only need 100-200 members.
Growth & Expansion: Easily scalable.
Support & Training: Yes – as much as needed.
Reason for Selling: Plan was to build it and sell it
Professional Resources & Contacts To Help You Close Your Deal!
Profile: We sell boutique gyms to national fitness center chains. The American Gym Trader Difference: We pride ourselves on being there for gym owners, because we used to be in their shoes! Our team spent more than two decades in the fitness industry, owning a gym just like you do.
Key Words: david didion, american gym trader, business broker, consulting, business valuation, gym, fitness, rockwall
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: Jim Thomas is the well-known founder and president of Fitness Management USA Inc., a management consulting, turnaround and brokerage firm specializing in the fitness, health club, and sports industry throughout the United States.
Key Words: jim thomas, fitness management & consulting, gyms for sale, business broker, business valuation, due diligence, consulting, fitness, gym, interval training, health club, athletic club, crossfit, dallas, collins, washington dc, marion, hillsborough, portland, multnomah, anna, prescott valley, yavapai, guliford, cicero, kings, leadville, lake, celina, raliegh, durham, clifton park, saratoga, cincinatti, hamilton
View All Related Resources & Advisors For This Posting
Profile: Deal Team was founded with a mission to provide breakthrough professional business brokerage services to small and mid-size businesses. Our professional and practical approach to business sales brings a level of service to middle-market businesses that is regularly experienced by larger companies.
Key Words: david richman, richman business brokers, business broker, business intermediary, valuation, business valuation, consultant, fitness, manufacturing, machine, appliance, pet containment, pet, pets, locksmith, locks, cleaning, detailing, grocery, entertainment, family entertainment, metal, sheet metal, manufacturing, drilling, new haven, litchfield, farmington valley, hartford,
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: In a case study involving hundreds of business buyers, owner/sellers, and business brokers, BizBenNetwork Founder Peter Siegel, MBA and BizBenNetwork Facilitator Manager Jordan Green's research determined the most effective strategies for successfully advertising a business for sale posting online.
Key Words: business for sale, business wanted, for sale, wanted to buy, buy a business, buying a business, sell a business, selling a business, business for sale, advertising, advertise, posting, postings, business broker, brokers, business brokers, broker, agent, agents, jordan green
Profile: Obtaining business purchase financing can take business buyers many months, however, there are a number of ways Business Buyers can prepare in order to obtain faster SBA loan approvals from financial institutions. Peter Siegel, MBA shares a list of documents to have prepared for faster approvals.
Key Words: sba, sba loan, sba loans, financing, business purchase financing, peter siegel, financial
Profile: Owner sellers begin the process of selling their business with incorrect assumptions derived from a subjective mindset, limiting their ability to properly market to buyers. By understanding the motivations and goals of business buyers better, owners can sell their businesses more quickly.
Key Words: selling a business, seller, buyers, escrow, spencer siegel
View Related Blog Posts For This Posting
Profile: BizBenNetwork Manager Jordan Green explains the importance of keeping the potential sale of a business confidential and provides business owners with helpful ways to successfully keep their business’s sale a secret, as well as the consequences for disclosing a business’s sale prematurely.
Key Words: confidential, confidentiality, selling a business, non-disclosure agreement, business owner, owner/seller, owner seller, seller, qualified buyer, business broker, business brokers, nda, jordan green
Related Discussions For This Posting
Comments & Replies: 11 Topics: business brokers, buying a business, pocket listings
Profile: I am often asked these questions by business buyers: “It seems as though brokers/agents have a tough time returning phone calls. Why do they make it so difficult to get information & return a call? What should I be doing so that they return my calls and emails?” BBN Members discuss this hot topic.
Key Words: brokers, business brokers, buying a business, business broker, agent
Comments & Replies: 1 Topics: selling a business
Profile: In this BizBenNetwork discussion led by New York Business Broker Blair Sibley, BBN members and resources discuss the many factors that impact the length of time needed to successfully sell a small to mid-sized business and provide sellers with tips for preparing their business for sale.
Key Words: sell a business, selling a business, blair sibley
View All Discussions
Comments & Replies: 11 Topics: buying a business, deal structures, legal issues
Profile: Every day, I speak to business brokers and business owner/sellers, and I hear some pretty amazing stories about potential buyers of small to mid-sized businesses. I tend to ask them what traits they listen for to see if a potential buyer is serious and what traits or buyer actions are deal killers.
Key Words: buying a business, buy a business, mistakes, business buyers