Summary
- Asking price:
-
$69,000
- Sales revenue:
- $107,000
- Net profit:
- $20,511
- Franchise opportunity:
- Yes
- Years established:
- 7
- Employees:
- 1 F/T; 4 P/T
Business description
Exciting opportunity to buy an established Curves franchise in south Jersey. Club currently has 215 members. With Curves introducing their new Smart System workout, a new owner can upgrade the equipment and use this promotion to grow the business. My wife is doing just that as an owner of a Curves franchise!
Property information
- Lease terms:
- Rent is $2,023/month for this 1,425 square foot space.
- Location:
- Situated in a busy shopping center that has been recently renovated, this club is very clean and attractive. Excellent parking will allow club to grow.
Other information
- Expansion potential:
- This club can be expanded with a new involved owner who wants to market her club in the community. Current owner lost her partner and she has a full-time day job and is unable to provide the kind of effort required to grow membership. Saturday hours should be expanded beyond the current 8-11 a.m.
- Competition / Market:
- Imitators of Curves are coming and going out of business. There is nothing like Curves - the workout, the friendliness and personal attention, and the constant innovation to keep Curves the leader in the industry.
- Support & training:
- As a franchisee, you will receive a full week of intensive training at Curves corporate headquarters. The seller will also help you for a smooth transition.
- Reasons for selling:
- Dissolution of partnership where active partner has moved on. Current owner has a full-time job and does not have the time to devote to the club.
- Trading hours:
- M-Th 6:30a.m. to 7 p.m.; Fri 7 to 6 p.m.; Sat 8a.m. to 11 a.m.
- Furniture / Fixtures value:
- $14,000