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BUSINESS FOR SALE - PROFILE #  42520030

National KickBoxing Gym Franchise
Charlotte

Asking Price: $199,000   Down Payment: $199,000  
Gross Revenue: $323,379   Adj. Cash Flow*: $71,080  
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Executive Summary
This locally owned kickboxing franchise is a leader in the kickboxing/group work out industry that it serves.  The company was founded over 20 years ago by its founder in New Jersey. In in the mid-2000s, the company began an expansion effort in the Northeast. Shortly thereafter, they began franchising across the country and now have over 80 locations. The current owner and his wife, decided to move to North Carolina and begin a new entrepreneurial journey as they opened this gym in January of 2014. Today both are active in the business today. Through their guidance and leadership, the company has continued to grow the business to their current levels. Their relentless focus on working with their clients and instructors has led to a very enjoyable place to work out, without the stress of a big gym atmosphere.  The company and its reputation has kept its clients coming back for more rigorous workouts and personal attention than available in the area.

Acquisition Highlights

  • This locally owned kickboxing franchise is a leader in the kickboxing/group work out industry that it serves. The company was founded over 20 years ago by its founder in New Jersey. The current owner and his wife, decided to move to North Carolina and begin a new entrepreneurial journey as they opened this gym in January of 2014. Today both are active in the business today. Through their guidance and leadership, the company has continued to grow the business to their current levels. Their relentless focus on working with their clients and instructors has led to a very enjoyable place to work out, without the stress of a big gym atmosphere. The company and its reputation has kept its clients coming back for more rigorous workouts and personal attention than available in the area. This gym is located in a high-growth area of Charlotte with lots of new business and housing in the area. With over 350 clients, plenty of opportunity for growth ahead exists.
  • The business operates 7 days a week. There are 2 FT and 5 PT employees.
  • The business is located in a beautiful, clean facility that is located in a small shopping center. There is plenty of parking for their clients
  • This franchise concept has been around for over 20 years. Locally, this business was started in 2014 and has been well received by the community and its members ever since.
  • This business is a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2014 Inventory:
Employees: 2 FT, 5 PT , 1 Mgrs Furniture, Fixtures & Equipment: $65,000 Included
Lease/Rent: $7,060 Real Estate:
Building Sq Ft: 4000
    Total Assets Included in Sale: $65,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Adam Petricoff
Phone:  (704) 360-8898
Fax:  (704) 272-4477
Other:  (704) 905-8658
E-mail:  apetricoff@vrcharlotte.com
VR Business Brokers - Charlotte, NC
9301 Monroe Road
Suite L
Charlotte, NC 28270
www.vrcharlotte.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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