Located In The Heart Of Austin
Not Disclosed, TX Travis County
Travis County
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- RE: Located In The Heart Of Austin
- Contact: Marco White
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $676,671 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $322,805 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 8 | |
| BBN Listing #: | 945936 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The business, founded in 2019, stands out in the fitness industry by seamlessly combining high-intensity interval training (HIIT), circuit training, and functional training.
The business, founded in 2019 with the studio opening its doors in August 2020, stands out in the fitness industry by seamlessly combining high-intensity interval training (HIIT), circuit training, and functional training. This unique approach has contributed to their success and sets them apart from the competition.
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Property Features and Assets:
Occupying 2,027 square feet with a monthly rent of $7,000, the business boasts a modern and inviting studio space. The current lease has one year remaining, with two guaranteed five-year renewals, ensuring stability for potential buyers.
Market Competition and Expansion:
While the business operates in a competitive fitness landscape, its success can be attributed to a combination of factors that set it apart. The studio's prime location serves as a distinct advantage, attracting fitness enthusiasts seeking convenient access to effective workouts. Additionally, the exceptional team led by the current owners contributes to a positive and welcoming atmosphere, fostering a sense of community that goes beyond typical gym experiences.
The business presents promising avenues for expansion, rooted in its successful business model and community-driven approach. Leveraging the power of social media, there's a significant opportunity for marketing optimization to reach a broader audience. Strategic initiatives can enhance the studio's visibility, attracting new members and fostering community engagement.
Reason for Selling:
The owners are looking to move on to other ventures.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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