Franchise fitness club poised for post-pandemic recovery: Great Deal!

This business is slightly down but now in full recovery mode as business and membership levels return to normal post-pandemic. If you have been searching for a proven investment or simply need a career change, this exciting opportunity is for you! Having researched the fitness club industry, you know that the investment required to start a single club from scratch with zero members runs upwards of $500K. Now YOU can own a very profitable Snap Fitness club with hundreds of members where all of the hard work and costs of start-up have already been invested! This 2500 sq ft franchise location is 15 years young and includes recently upgraded state-of-the-art Cybex equipment, an area for group classes and PT sessions, free weights, TRX, and other equipment. The club is greatly maintained with a dedicated staff of 3 and a strong community reputation. This is an ideal opportunity for a new owner with enthusiasm to reclaim lost ground from 2020/2021 and take this club from extraordinary to PHENOMENAL! This location is a strong performer in a prime affluent market with a high-income demographic to support lucrative one-to-one personal training in addition to basic recurring membership income. The numbers below reflect pre-pandemic financials. Updated information from the last two years when the club was shut down by the county due to covid is available upon request. Location: Redwood City, California Year Established: 2007 Number of Employees: 3 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 2,516 Rent: $9,070.72 Per Month Lease Expiration: 6/30/2023 Facilities: The transaction will be the purchase of all the assets—tangible and intangible—of the business, including the transfer of the Snap Fitness franchise. Website: www.snapfitness.com/redwoodcity Market Outlook/ Competition: The market is in full recovery mode as all covid restrictions have now been lifted. Growth & Expansion: Tremendous growth opportunity for buying an established cash flow business at below-market rates. Growth potential with returning members (post-pandemic) and personal training sales.