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Fitness Franchise (London, ON)


An exciting opportunity has come available to own an existing global fitness franchise located in London, Ontario.  Listed at a price of $525,000 -- which is discounted from the initial start-up investment cost -- this business is fully equipped with state-of-the-art exercise equipment, performance monitoring technology, and a customized floor plan and decor that were uniquely designed for the franchisor’s award-winning training concept and exercise classes.  The business is in a professionally selected location with an optimized mix of ideal site characteristics and customer demographics. 

The facility has a fully trained management team in place and is completely self functioning in its daily operations and marketing activities.  This is a newly opened studio that continues to increase its membership sales and is becoming very well known through word of mouth and active marketing campaigns.  All start-up activities have been completed, and the new owner will receive full operations training by the franchisor at their U.S. headquarters. 

The business is for sale as the current owners, who are not located in the region, have recently decided to fully focus their entrepreneurial growth activities on their other business holdings.  Owing to its strong brand equity, this is a high-demand franchise opportunity that will appeal to anyone with an interest in fitness and a desire to capitalize on a popular fitness marketing concept in a standalone territory.




Background information

Reference:

11421-GB

Finance

Sales:

Undisclosed

Profits:

Undisclosed

Profit type:

EBITDA

Premises

Square footage:

2,825 Sq. Ft.

Rent and lease terms:

10 years with option to renew

Price and terms terms

Price:

$525,000