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Austin

  • Listing No.: 106-20541

  • Category: Fitness

Asking Price $150,000
Down Payment $120,000
Gross Revenue $204,381
Total Adjusted Net Income $26,985
Equipment / Fixtures $10,000
Year Established 2017
General Location Austin
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Popular, well-known fitness franchise for sale in Austin. In business since 2017, Seller successfully navigated COVID while keeping the business profitable, and has a new business venture to pursue. Selling for less than she put into it, knowing this business is ready to rebound. Numbers shown are 2020. Owner is mostly absentee, only teaching a few classes per week. Great systems in place. Excellent management and franchise support. Great opportunity for anyone looking to leave their corporate job and pursue the dream of owning their own fitness business. Please contact Mitch McGinley at 404-272-9108 for more info.

Gross Revenue $204,381 Listed Price $150,000
Total Income $26,985 Down Payment $120,000
Base Rent $4,425 Square Feet 1800
Total Rent $5,600 Lease Expiration 02/2027
Rent Deposit $5,580 Lease Options
Inventory Not Included Leasehold Improvements $140,000
Equipment / Fixtures $10,000 Other Assets
Full-Time Employees Training Period 2 Weeks
Part-Time Employees 8 Special License Required
Contract Staff Reason for Selling New Venture

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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