Fitness Center/Gym For Sale in Concord

$ 200,000

Concord

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Overview

Asking Price
$ 200,000

Gross Revenue
$ 360,000

Cash flow
$ 100,000

Time In Biz
6 Years

Biz Summary
Detailed Information

This studio offers a completely different and revolutionary way to work out and burn calories. A place that is refreshingly open to everyone. It doesn’t matter if you are a beginner or an Olympic athlete; you can enjoy the workout with like-minded people while eliminating unwanted weight.

Unique Selling Proposition:

Huge Brand with untapped potential that represents unlimited growth.

Location:	Concord, CA
Building SF:	2,000
Employees:	11
Competition:	Ranked in Inc. Magazine's 2020 Inc.5000 List and Entrepreneur Magazine's Top New Franchises two years running and 2021 Fastest-Growing Franchises list, Row House is leading the industry to provide members with a rowing workout that preserves the longevity of the body and achieves their fitness goals.
Growth & Expansion:	Partner with Gym Pillars; software Sales and FB advertising; Several high price point selling items. Rowing has been around for decades in the fitness segment, which is one of the most recession-proof segments in franchising today. Rowing will never go away...and during downturns, people focus more on themselves with personal services and fitness to make themselves feel better. Row House is delivering the widest, most accessible row exercise offering in the country, on an unmatched platform, at a reasonable and moderate price point.
Support & Training:	Franchise approval Criteria: MINIMUM CASH REQUIRED: $100,000 NET WORTH REQUIRED: $500,000 TOTAL INVESTMENT: $247,116 - $483,316 EXCELLENT CREDIT SCORE Visa Candidates: Yes Passive Ownership: Yes
Reason for Selling:	Retirement