Description About This Posting: Knockout Fitness Franchise - 2 Locations
Knockout Circuit Training Fitness Franchise Two locations North County Inland, San Diego.
Fun and popular 30 - minute interval training sessions offer workouts for all levels on member schedule. Customized analysis and program, nutrition support and related services. Friendly trainers help members kickbox their way to optimum fitness and other results desired.
Franchisor ensures consistent branding, equipment, and quality location to location. Very successful brand with approximately 700 franchise locations in 13 countries.
These locations in Rancho Bernardo and San Marcos enjoy great reviews. Still plenty of room to grow. Especially appropriate opportunity for husband /wife owner operators (or other duo) who are passionate about working in and on the business growing membership and providing personal training that helps people get stronger. Semi-absentee ownership is possible but will likely slow growth and eat into profits.
Membership at end of 2018 was 465, January 2019 showed growth. Rates are affordable for most. Continue building your membership and recurring revenue at these two locations and open another when you are ready. 85% of equipment required for 3rd location is available at a price to be negotiated.
Lease on 1014 sqft @ $2800 incl. CAM monthly in Rancho Bernardo, $4000 San Marcos, 1175sqft. San Marcos relocation possible within immediate area and recommended at lease renewal - save about $1000 in rent, better location in same general area.
Franchise transfer fee paid by seller. Buyer to attend 3-day training with franchisor on the East Coast. Training fee covered by franchisor, T&E at buyer expense. Fixed Royalty & National Marketing Fee $524 monthly per location. Local marketing approximately $500 monthly per location. Miscellaneous technology and other fees approximately $250 month per location. Most franchise and other fees are fixed so your profits grow exponentially with increased membership.
2018 Gross Sales $360,819, SDE $122,701. Asking $260,000 for both.
To get more information about this Knockout Fitness Franchise - 2 Locations business for sale in
North County Inland San Diego please phone Linnea Westlake (Intermediary, Broker - BRE License #:02028068) at 925-209-4592 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #250994 on BizBen.com. In addition to phoning
Linnea Westlake, make sure you email Linnea Westlake above to get more info about this
Knockout Fitness Franchise - 2 Locations, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
We have been San Diegos premier business broker and merger and acquisition specialist since 1989. Staffed with some of the best-qualified and most experienced business brokers in the industry, our professionals have all earned or are candidates for the Certified Business Intermediary (CBI).
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
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