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Denver

  • Listing Number: 106-21707

  • Category: Fitness

Asking Price $249,000
Down Payment
Gross Revenue $436,198
Total Adjusted Net Income $85,444
Equipment / Fixtures $50,000
Year Established 2019
General Location Denver
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StretchLab is a leading assisted stretching brand offering one on one and group assisted stretching classes across a broad range of age and fitness levels. StretchLab is now one of Xponential Fitnesses leading brands. This location is relatively new and now profitable after making it through covid. The owner has to sell because of health reasons. It usually costs upwards of $400k to start one of these from scratch, but here the hard work is already done, so you can walk into a profitable business for a fraction of the price with the tough years behind you. Excellent staff and systems in place. Very strong community with loyal clientele and tight connections and partnerships with other local businesses.

Gross Revenue $436,198 Listed Price $249,000
Total Income $85,444 Down Payment
Base Rent $3,752 Square Feet 1407
Total Rent $5,271 Lease Expiration 08/2030
Rent Deposit $4,127 Lease Options 2, 5 year options
Inventory Not Included Leasehold Improvements $200,000
Equipment / Fixtures $50,000 Other Assets
Full-Time Employees 1 Training Period 2 Weeks
Part-Time Employees 7 Special License Required
Contract Staff Reason for Selling Health Reasons

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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