Curves Franchise In Victoria BC For Sale

Business description

This is an opportunity to acquire a well established and profitable Curves franchise fitness centre in a busy shopping district serving a booming residential area in Victoria BC. The business is well-established, with strong membership. The location is easily accessible, with ample parking, in a regional shopping complex adjacent to a major highway.

This location was opened by the current owner in 2001. The centre is fully equipped, with a 26-station Curves "Smart Circuit" of scientifically designed workout equipment that has proven to be the most successful Women's 30 Minute Workout System in the world. All equipment has been recently upgraded to include the CurvesSmart technology.

This location can be efficiently run by just one Owner/Operator and part time staff. The trained and experienced staff at this location are willing to stay on with the new owner, if desired.

Absolutely no industry experience is necessary as the current owner will provide full operational training and the Franchisor will provide full ongoing support.

The ideal buyer prospect for this energetic location is a woman with basic sales, management and/or retail skills that would enjoy assisting women achieve and maintain their fitness goals while enjoying a professional income.

Contact below for information and financials. Confidentiality agreement will be required.

Property information

Real Estate:

Lease

Lease terms:

Expires November 30, 2011. Five year option to renew.
$5,508 gross monthly rent.

Location:

1800 sf. approximately ground-level, including washrooms and office area.
Ample parking in shopping centre lot.

Size in square feet:

1,800

Business Operation

Reasons for selling:

Owner lives out of province - desires to consolidate business activities closer to home.

Trading hours:

Monday - Thursday.......................6:00 am - 7:30 pm
Friday........................... 6:00 am - 1:00 pm, 3:00 pm - 6:00 pm
Saturday............................ 8:30 am – 1:00 pm

Employees:

1 FT, 2 PT

Years established:

2001

Franchise terms

Franchise opportunity:

Yes

Franchise approval for new owner will be required. Franchise agreement to be assigned to new owner, using current form of Curves Franchise Agreement (5 year term). Curves Right of First Refusal – 20 days after notice of offer. Franchise transfer fee: $3,000; Training Fee: $1,000 Royalty rate: Currently $445.50/month plus $295/month advertising fee. Renewal royalty rate: 5% of monthly gross sales PLUS 3% advertising fee. New Owner (or Manager) must complete Franchise Training within 3 months

Other information

Support & training:

Franchise support and training will be arranged. Selling owner will ensure ample transition and training

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Will consider TRADES (RV, Boat, Income property) or seller financing for eligible buyer.

Furniture / Fixtures value:

$35,950 (included in the asking price)