Denver
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Listing Number: 106-21707
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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 |
Mitch McGinley
- Office: (858) 578-4111
- Cell: (404) 272-9108
- wellnessbusinessbroker.com/
- License #: CA DRE 02092636
- Office: (858) 578-4111
- Cell: (404) 272-9108
- wellnessbusinessbroker.com/
- License #: CA DRE 02092636
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.
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