Intimate Franchised Boutique Fitness Centre in Sunninghill, Gauteng

R 690,000

1 month ago93 views
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Description

A rare opportunity to walk into a recently existing franchise with an established client base, and grow the membership base, whilst paying less than a new franchise.


The current owner will also offer the prospective franchisee 6 months of free rental, thereafter a rent of R15 000 excluding VAT will apply. Owner has several businesses he runs and does not have the time to work/own the fitness centre.


This fast growing and largest fitness centre franchise that was developed in South Africa and grown internationally, with franchises in South Africa, USA and various other countries worldwide. This fitness model sees members enjoying a 20-minute focussed session, that caters for a fast pace of life. This franchise opportunity also offers various value-added services to members. Franchisees see a balance of lifestyle and business, that maximises earnings.


The franchisor prides itself on offering its Franchisees high levels of accessible support from its team of in-house support specialists who are on hand to make sure you are getting the most out of your Franchise. A proud member of FASA, this franchise has been nominated and won various awards over last few years.


Location: Sunninghill, Gauteng
Return on Investment (ROI): In this franchise group, some franchises achieve up to 60% ROI.

Average Sales in last 5 months: R51 036


Business including Assets and Build: R665 000 (excl. VAT)
One-off Franchisor Onboarding Fee: R25 000 (excl. VAT)
Total Selling Price: R690 000 (excl. VAT)


Monthly Franchise Royalty Fee: Fixed R7 000 (excl. VAT)
Monthly Nutrition Doctor Fee: Fixed R2 240 (excl. VAT)


National Marketing Fund Contribution: Monthly fee of 2% of gross turnover, minimum R2 000 p/m
Franchisee Local Marketing Spend: Monthly fee of 3% of gross turnover, minimum R3 000 p/m


*Please include your direct email address when enquiring about this business.

Id Subtitle 1266937756
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William Smith
Selling for 7+ years
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