THRIVING FITNESS STUDIO WITH RIGHTS TO OPEN SECOND LOCATION
FRANCHISE FOR SALE IN NORFOLK COUNTY, MASSACHUSETTS
List Price: $369,900 USD
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Annual Gross Revenue:
$361,419 USD
Annual Net Profit:
$100,000 - $150,000
Value of Inventory:
$0
Value of Assets:
$50,000 - $100,000
Business Category:
Health & Fitness
Business Operates From:
A Retail Location
Year Established:
2019
Seasonal Business:
No
1-3 Months
TRANSITION SUPPORT
Somewhat
PRICE/TERMS
FLEXIBILITY
Passive
OWNER INVOLVEMENT
SUMMARY
Unique state-of-the-art personal training studio in the thriving $33 billion fitness market! Consistently scaling since its 2019 launch, the Wellesley studio is a top performer. Revenue has grown 25% year-over-year since 2021. In 2023, the studio marked a record of $361,419 in revenue & generated an incredible $126,468 in cash flow. Cater to a wealthy demographic owning 70% of disposable income—the 50+ market segment. >>> Foundation of Profitability: + Immediate cash flow from day one! + Delivers a 3-hour workout in just 20 minutes! + Growing client base: 183 dedicated members & unrivaled guest satisfaction with a flawless 5.0-star Google rating! + Prime affluent, retail location with high footfall! + Diversified income sources: Anticipated revenue boost from strong health insurer partnerships & reimbursements! + Rockstar trio of seasoned staff, customer favorites, ensuring an easy handover. + Turnkey, sleek, modern studio with established clientele. + Includes $80K of exclusive, cutting-edge robotic exercise equipment! + Rights to open 2nd studio in nearby area including Chestnut Hill. >>> Leverage Strengths: + Custom strength training regimes delivered by scientifically-proven, data-driven technology. + Maximized marketing efficiency: high ROI from targeted social media campaigns. + High lead conversion rates driven by a great service & proven sales processes. + Exceptional customer satisfaction: net promoter score of 90! + Semi-private sessions providing pandemic adaptability & superior ROI. + Custom-fit for time-constrained professionals with spending power. >>> Ready to take this studio to the next level? It's fully booked, waitlisted, and just waiting for more hands on deck. The current owner, tied up with a full-time gig, hasn’t yet tapped this unmet demand. Plus, a collaboration with the Council on Aging sets the stage for more community partnerships for the 50+ crowd. >>> Create impact & financial success with Exercise Coach! Inquire now for NDA by email.
PHOTOS
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FACTS
Part-Time Employees:
0
Full-Time Employees:
1-5
Total Employees:
Less Than 10
Timeframe for sale:
Immediate
Total Approx. Monthly Rent:
$3,500/month
Lease Expiration:
1-2034
VIDEO
DESCRIPTION
DAY-TO-DAY INVOLVEMENT
15 hours/week - calling/texting leads to convert to free workouts and then to customers
FRANCHISE BRAND ACCOLADES AND AWARDS
Fitness is a MASSIVE $33 Billion Industry, yet many people feel left out. Look around boutique studios & big box health clubs, and you will find very few people among their membership aged 50+. These consumers control much of the disposable income in the U.S. & are a large and fast growing demographic. Many fitness businesses simply fail to offer them solutions. This Exercise Coach capitalizes on this, teaching you to reach, sign up, train, and retain clients! ---> It shows! The Exercise Coach® has been featured in prominent national news outlets across the country. The Franchise has won numerous awards over the years. It was ranked on Entrepreneur’s Franchise 500 in 2014-2016 and 2021-2023, winning several accolades. ---> This unit is recognized as a top performer of the 250 locations!!
ASSET DESCRIPTION
The sale price includes all of the assets required for running the business, which includes: Proprietary Exerbotics Exercise Equipment, Recumbent Bike, Multi-Trainer, Surge 360, Nautilus, lobby furniture, TV’s, computers, desk, chairs décor, cleaning stations, body scanners, printers, phones, sound systems, signage, etc. The materials are valued at approximately $80,000. Also includes rights to open a second studio in the surrounding area, including Chestnut Hill. Rights are valued at $49,500.
ADDITIONAL INFO
Franchisees are fully supported by the corporate team. No fitness experience required. Corporate provides training, comprehensive video library, and a remote certification process for each new hire. Support also includes yearly national conferences, regular webinars, dedicated support staff, full sales training, lead management best practices, and on-demand sales support.
BONUS MATERIAL
WHY I LOVE MY FRANCHISE
We make a significant and meaningful impact on our client's lives, every day. In addition, we have a significant competitive advantage over other gyms with our Exerbotics technology that customizes workouts. Lastly, the franchisor senior leadership is top notch!
REASON FOR SELLING
Inadequate time to devote
GROWTH OPPORTUNITIES
Fitness is a MASSIVE $33 Billion Industry, yet many people feel left out. Look around boutique studios & big box health clubs, and you will find very few people among their membership aged 50+. These consumers control much of the disposable income in the U.S. & are a large and fast growing demographic. Many fitness businesses simply fail to offer them solutions. This Exercise Coach capitalizes on this, teaching you to reach, sign up, train, and retain clients! This is an award winning brand! This unit is a top performer in the system of 250 locations! ----> Grow this location strategically! 1)Expand Capacity: Seller's full-time job limits their time, but the studio's at full capacity with a waitlist. Hire more coaches to meet the high demand. 2)Healthcare Partnerships: Leverage growing nationwide insurance reimbursement programs 3)Community Engagement: Go beyond social media with outreach to retired communities, business networks, & local events to tap into a broader client pool. 4)Operational Leadership: Elevate studio operations and consistency with dedicated ownership or a seasoned general manager. 5) Utilize rights to open a second studio in surrounding area, including Chestnut Hill (Rights are included in purchase)!
None
SELLER FINANCING AVAILABLE
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