Business Summary:
A large network of boutique fitness franchises are for sale across NYC and Long Island. There is also the ability to develop 33 additional locations throughout NYC and Long Island. The sellers are flexible on deal structure and are open to splitting up the network or selling it as a whole. Pre-pandemic, this was a highly profitable network of stores. Since reopening post pandemic, sales have been climbing back and locations are starting to operate at a profit again. The network is projected to do nearly 15m in revenue with fully burdened EBITDA of 1.2m in 2023. The network is fully staffed with a robust corporate team, allowing this business to be run absentee. This is a premium brand in fitness, and many of their franchise owners operate multiple units in a passive manner. Recurring revenue, low inventory, few employees, strong franchisor marketing support are all part of the benefit of this business model. If you are interested in learning more about this opportunity, please request information on listing 15052.
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