Workout Class Studio Franchise with Monthly Recurring Revenues and Steady Long-Term Growth Business Sold
This business is a very fun, high energy, positive place to work. The owner could show up when they wanted and meet and talk to people anytime, they wanted. They had 4 full time paid team members along with several instructors. All the employees were long-term and loyal. The business had a great reputation with a 4.9 star google rating and a high amount of recurring revenue.
There was future growth potential by adding additional classes. They could also increase their advertising spending to generate more leads and/or run strategic referral challenges.
The owners were looking to sell their franchise because they had family who wanted to spend more time with them. They started to look for a business broker to help them with this process and found Jeff at Business Broker Colorado. After looking at his website, 5-star Google reviews and a business meeting, they decided to hire him. Jeff knew that he could quickly find a qualified buyer, and he did. The buyer fully understood the potential of this business. He closed the sale within 3 months of the original listing date after helping to negotiate the price and recommending a bank. The seller had expressed being happy with the price and quickness of the sale.
If you want to sell your Colorado business contact Jeff today at – https://businessbrokercolorado.com/