Franchise Barre Studio – SBA Pre-Approved

-
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 | Arizona |
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 | $ | Square Feet | 2000 ft2 |
Total Rent | $6,217 | Lease Description | Lease ends 7/2022 w/ 1, 5 year option |
Rent Deposit | $ | Lease Options |
Inventory | $ | Leashold 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.