Fitness, Wellness and Gym Franchise SC2028

Santa Clara, CA (Santa Clara County)

Seller Financing Available
Fitness, Wellness and Gym Franchise SC2028
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Asking Price: $975,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: $300,000*

Rent: $33,125 per Month

Established: 2019

*not included in asking price.

Fitness, Wellness and Gym Franchise SC2028

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Business Description

Broker: ProEquity Asset Management Corporation
License ID: 01870526

This Northern California based Wellness Center franchise is *NEW*! Established in September 2019, this newly constructed franchise offers a variety of yoga, pilates, suspension training, cycle, barre, aerial yoga, kettlebell, battle ropes and bootcamp classes, yoga teacher training programs, nutritional workshops and other related programs and activities.

This Wellness Center boasts first class amenities, including a seasonal health bar, locker rooms with showers, and a retail area offering yoga mats, mat towels, leggings, lounge wear and other items. Other services that could be potentially offered include cryo therapy, child care and tanning. Even though this business is new, they have several hundred members signed up so far.

This Franchise is supported and invested in by a number of celebrities, some of which sit on the Board of Directors. This Wellness Center operates under our unique system relating to the establishment, development and operation of the Franchised Business (the "System").

The System includes the Proprietary Marks, recognized designs, decor and color schemes, distinctive specifications for furniture, fixtures, equipment, and wall, ceiling and display designs; know-how, food recipes, menus and trade secrets; uniform specifications of products and services; sales techniques, and merchandising, marketing, advertising, and inventory management systems; quality control procedures; and procedures for operation and management of System Wellness Centers.

At full operations at start of 2020, there were 5 Full Time employees and 49 Part Time employees. The business has been affected by the Coronavirus shutdown, and they have been working on training and other preparations for the anticipated reopening in Q3 2020.

Detailed Information

Location:
Santa Clara, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
15,000
Lease Expiration:
9/30/2029
Employees:
54
Competition:
This Wellness Center competes on the basis of various factors such as price, service, location, convenience, types of classes and the variety of classes offered. Most businesses that offer competing services are conducted from small studios. They generally do not offer locker rooms, health bars and the wide variety of classes that this Wellness Center offers. Also, the location of this business is in a very affluent part of Northern California.
Growth & Expansion:
Current marketing consists of the Company's website, social media, digital and direct mail marketing as well. Their location and services provided makes them very unique in the current market.
Financing:
CAM is $15,000, Property Tax $4215
Support & Training:
Franchisor is willing to provide support and training in order for Buyer to be successful in this rich market.
Reason for Selling:
Seller is looking to move on to new adventures
Franchise:
This business is an established franchise
Business Website:
http://www.sunbeltnetwork.com/sacramento-ca/buy-a-business/listings/listing-det
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Brett Sargent

Business Listed By:
Brett Sargent

Sunbelt of Sacramento

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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