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Smoothie Juice Bar Within Well Established Gym

Pittsburgh, PA (Allegheny County)

Smoothie Juice Bar Within Well Established Gym
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Asking Price: $65,000

Cash Flow: $41,000

Gross Revenue: $180,000

EBITDA: $31,135

FF&E: $19,600

Inventory: $2,800*

Rent: $1.82 /Month

Established: 2015

*not included in asking price.

Smoothie Juice Bar Within Well Established Gym

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Business Description

Fun, minimal effort business, within a great environment.

A great opportunity to own a fun low maintenance business in a great environment, the health industry is exploding. Get the whole family involved in this opportunity, while having minimal employees. Buy now and be ready to enjoy the busy season revenues!
This gym averages 1200 to 1600 check in's a day, fantastic customer base to pull from.
NrGize lifestyle cafe serves gym customers pre and post work out drinks, great-tasting protein smoothies and juices, quick bites, grab n go items, and an array of protein bars, and supplements. we also carry a full showcase of gym essentials. We also have two vending machines in the gym area for extra convenience. This location does approximately $180,000 in sales, with around $41,000 profit, with 6 part-time employees. Keep more of the profit and run the business with you and your family. This is a turnkey business.

1 year remaining on the present lease, with a 5-year option.

NrGize LifeStyle Cafe is a national franchise under the Kahala umbrella.

This location has great growth potential with raising gym memberships, this gym location constantly ranks in the top for memberships, it is located in a rapidly growing area, with great demographics. Three new developments have just been completed within a 5-mile radius, adding to the local residential base.

Detailed Information

Location:
Pittsburgh, PA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
550
Lease Expiration:
12/31/2020
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The leased spaced is approximately 550 sq. ft, equipped with the following. Double glass door beverage cooler POS system 2 Commercial blenders (1 new) Grab n Go cooler (new) Sandwich top cooler (new) Working top cooler (new) Wheat grass juicer (new) Toaster / Micro Wave (new) 1 Back house cooler 2 Back house freezers Back house Metro racks (new) 3 bay sink 1 bay sink Ice Machine (new) Coffee maker 3 Bistro tables, 6 stools (new) 2 Banner stands 2 leased vending machines 1 leased glass door cooler
Competition:
This gym location receives approximately 1200 to 1600 walk-ins a day, depending on day of the week. This provides us with a huge customer base to grown from. The juice bars ads are run throughout the day on the flat screen monitors, including running audio ads on the speaker system. We also have banner stands throughout the gym marketing our products.
Growth & Expansion:
Location has positive membership growth, allowing our business to grow from their new gym memberships. This location for NrGize continues to be ranked in the upper 50% of its locations. All this location needs is a owner operator to reach its full potential. This is a great opportunity to be your own boss and run your own business with minimal effort. Its a fun environment to work in, built great relationships. These are proven businesses that do well within the gyms. Their are 5 locations in the area, with owners owning multiple locations.
Financing:
Business was paid off in full within 2 years
Support & Training:
Kahala Corporation provides on site training at their corporate head quarters, and additional in store support training when opening a new store, or new owner.
Reason for Selling:
Moved from area due to family obligation, business to far to manage properly.
Franchise:
This business is an established franchise
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Business Listed By:
Daniel Colaizzi

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