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Flagstaff

  • Listing No.: 106-20789

  • Category: Fitness

Asking Price $399,000
Down Payment $360,000
Gross Revenue $411,651
Total Adjusted Net Income $131,272
Equipment / Fixtures $42,306
Year Established 2017
General Location Flagstaff
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Wildly profitable even through COVID, this Turn Key Franchise Barre Studio is in prime condition for a new owner. Excellent systems in place, current owner is Semi-Absentee, only working about 10 hours per week. SBA Pre-Approved. The only Barre studio in town. Amazing location next to Whole Foods and other health and wellness businesses. Owner is moving on to a new venture. Please call Listing Agent Mitch McGinley at 404-272-9108, for more information. 

Gross Revenue $411,651 Listed Price $399,000
Total Income $131,272 Down Payment $360,000
Base Rent $4,356 Square Feet 2000
Total Rent $6,217 Lease Expiration 07/2022
Rent Deposit $6,104 Lease Options 1, 5 year option
Inventory Not Included Leasehold Improvements $211,702
Equipment / Fixtures $42,306 Other Assets
Full-Time Employees Training Period 1 Month
Part-Time Employees 15 Special License Required
Contract Staff Reason for Selling New Ventures

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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