Listing Number: 86715-230636
Description
Business Description: Price Reduction! Take advantage of this incredible opportunity to own a woman-owned, 24-hour HOTWORX Franchise Workout Studio in Hoover. Originally priced at $250,000, the motivated owner has now reduced the asking price to $150,000.
About the Business: HOTWORX Hoover is equipped with 10 patented infrared saunas, offering an innovative fitness experience supported by a world-class franchisor with over 1,400 locations. This franchise provides consistent marketing support and training, coupled with reasonable royalty requirements, ensuring a seamless operation for franchisees.
Key Highlights:
Robust Sales Growth: Demonstrated strong sales growth and profitability over the past two years.
Absentee Ownership: Currently run absentee with a dedicated and ready-made staff.
Prime Location: Situated in a high-visibility, high-end area of Hoover, Alabama, with newer leasehold improvements.
Demographic Support: Located in a growing area with demographics that support increasing membership.
State-of-the-Art Facilities: Existing equipment in excellent condition, requiring minimal updates.
Benefits of Purchasing a HOTWORX Franchise:
Convenient and Affordable Membership Options: Appeals to a wide customer base.
Unique Fitness Concept: Infrared heat fitness classes with virtual instructors, minimizing staffing needs.
Recurring Revenue Model: Membership-based revenue ensures consistent income.
Multiple Revenue Streams: Additional income opportunities through merchandise and supplementary services.
Comprehensive Support: Ongoing marketing and training support from the franchisor.
Cost-Effective Marketing: Proven and results-driven advertising strategies.
Why Invest? This is a prime opportunity to purchase an established, absentee-owned business with significant upside potential. The HOTWORX Hoover studio is not just a fitness destination, but a community favorite. With its state-of-the-art facilities, strategic location, and robust support systems, this business promises both personal and financial rewards for the new owner.
Don’t miss out on this chance to own a thriving HOTWORX Franchise Workout Studio at a reduced price. Contact us today to learn more!
Listing Details
- Price: $150,000
- Down Payment: $150,000
- Sellers Discretionary Earnings: $51,995
- Total Sales: $201,562
- Location: Jefferson County, Alabama
- Inventory: $0
- FF&E: $185,794
- Employees: 4
- Year Established: 2021
- Reason for Selling: Focus on other interests
- Category: Fitness
