Fitness Facility – High Growth Potential

Business Overview
Located in Ottawa, Ontario, Canada, the ”Company” is a higher end prestigious, highly sought after franchise fitness facility. Through a unique focus on personal attention, customized programs, outstanding service and close associations along with the regions health and wellness community, the Company differentiates itself amongst its competitors. along with a well established membership base, the Prospective Buyer can feel confident that they are acquiring a steady revenue base.

Business Highlights
This franchise location opened for business in April of 2013 as the eighth Franchise location. The Franchise has actually now grown to fourteen Ottawa area locations. Brand notoriety is ever expanding along with further franchises due to open in Toronto and Quebec. The Franchisor is a highly regarded ”fitness celebrity”, along with two exclusive local weekly radio programs, who has actually established a strong reputation and has actually forged lots of strategic partnerships in the market.

Growth Potential
This is a great opportunity for a Prospective Buyer who is interested in becoming an owner or owner/operator to acquire the Company’s assets and take it to the next level. The Company’s services are highly sought after and are part of a growing social and economic trend. The fitness industry continues to grow as a healthy lifestyle becomes more embedded in the social consciousness of Canadians. A physical regiment is now part of Canadian’s daily lives more than ever, therefore, it has actually become an essential part of their economic reality.

Financial Snapshot:
FY2013 FY2014
Revenue $177,702 $406,452

Location and Facilities
The Company is a 6100 sq. ft. facility consisting of a large fitness class studio, a separate personal training studio, both fully equipped. There is likewise a juice and coffee bar plus women’s and men’s bathrooms along with showers. The walls are dawned along with the photos of the Franchisor’s lots of high profile celebrity and professional athlete clientele.

Asking Price Range:  $250K – $500K
Gross Revenues:   $406,000
Cash Flow:   $35,000
Cash Flow Type:  EBITDA
Seller Financing:  No

Year Established:  2013
Number of Employees:  6 – 9
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

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