PROFITABLE FITNESS FRANCHISE FOR SALE - DALLAS
Seller:
Attn:
Erin Bonner, V.P.
Location:
Dallas
Listing Number:
"LBX921"
Overview:
(NOTE - * Down payment negotiable. *** FFE is plus value of the franchise and LI) This business actually has sales on the increase!! This children's fitness franchise resale is an opportunity to enrich the lives of children through age-appropriate programs incorporating songs, dance, music, gymnastics, sports and more; birthday parties; parents’ night out and summer/winter camps. As it is fairly new to the current owner, the potential has yet to be tapped. Within in the 1st year (2008) it became a profitable venture. Sales in 2009 are on track for much higher sales January – April 2009 were $99,890.00 with Discretionary Earnings (DE) $27,634.00. Take advantage of the current owner’s sweat equity and reputation the company already enjoys. A new owner does not have to be a gymnast. With the appropriate staffing, could simply be the administrative and marketing arm of the business. What a fun business to own, especially for one who loves children and wants to work with them when they are feeling good and happy. The owner only works three days a week and has a director in place. Owner financing $75,000 over 5 yrs. @ 8% 1st lien position. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. Business hours 800a-700p Mon-Sat, 1000a-700p Sun.
Property Features and Assets:
Business located in Far North Dallas metro in high growth area. Shopping center is relatively new. Lease amount includes CAM, real estate prorated share of taxes and insurance. Yes, the lease is high, but the area commands it. (NOTE - ** Lease includes triple net) Lease expires September 2013.
Market Competition and Expansion:
Fitness is huge right now, especially for children. More & more parents are aware of the need for their children to exercise. And they are generally willing to cover costs of keeping the kids healthy & well rounded before they cover their own costs. Additionally, birthdays & special occasions are invaluable to parents. There are competitors of sorts in the area, but none that have the combo of services available that this franchisee can provide. The current owner is not even marketing all of the services available to it within the franchise system.
Additional Details: