Excellent opportunity to become part of franchise network (50 studios) that is specialising in the electro muscular stimulation (Ems) fitness industry. This is the biggest and fastest growing fitness franchise in SA studio – This is an opportunity to become an owner of one of these well-established and popular franchises for well below the price of acquiring a new studio. We have been in operation for more than 4 years each and the studio has a loyal client base. Unfortunately, the owner has no more time to be hands-on, the result of starting a family. The studio has a monthly income of over R60 000 pm. The equipment is valued over R 600 000 and it employees 2 permanent staff members. The studio has much room for growth. The studio can be run by the owner or any of the 2 trainers. This studio is also unique as it has a beautician in the one room that the owner will get 30% commission from her sales.
It must be noted that the studio has also been rebranded and most equipment has been updated, worth R 50 000. A monthly franchise fee is also payable with great support from the franchisor.
- Asking Price:
- R500K - R1.5M Furniture / Fixtures included
- Sales Revenue:
- R100K - R500K
- Cash Flow:
- Under R100K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5 year lease signed from Feb 2024
- Lease Rent:
- R105 per sq ft per annum
- Location:
-
Ferndale
Business Operation
- Reasons for selling:
-
Family responsibilities
- Trading hours:
-
Mondays to Fridays
5:30am to 8 pm
Saturdays 7 am to 2 pm
- Employees:
- 2
- Years established:
- 4
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
10 year franchise terms will be resigned with the new owner
Other Information
- Support & training:
-
Franchise will support you all the way
- Financing available:
-
Monthly installment payments can be made of 20 000 pm
For EXAMPLE R800 000 for studio can be paid off in 40 months. Less that 4 years
- Furniture / Fixtures value:
- R2 - included in the asking price
- Website:
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