DescriptionBusiness Overview: Discover a unique opportunity to own a well-established Orangetheory Fitness franchise, a leader in the fast-growing global fitness industry. Situated in Grayson County, TX, this studio benefits from a prime location, a dedicated customer base, and strong community ties, offering significant growth potential for a motivated buyer. Despite limited marketing investments impacting current cash flow, this business is primed for expansion. Utilize Orangetheory's successful marketing tactics to enhance outreach and boost member acquisition.
Key Highlights: Location: Enjoy a strategic position near a major medical center with 4,000 employees and a food distribution center with 1,700 employees. A tech manufacturer's arrival in 2025 is expected to add 3,000 jobs, bolstering growth prospects. Facilities: Operate in a state-of-the-art, 3,200 sq. ft. facility, newly constructed in July 2023, with bathrooms, showers, and a dual-entry layout for smooth class transitions. Includes all fitness equipment, furniture, fixtures, and franchise rights in Anna/Melissa, TX, enabling future expansion or resale. Competition: Benefit from a favorable market position against nearby competitors like Anytime Fitness, Planet Fitness, and two local gyms.
Business Details: Lease: Enjoy stability with a lease secured through 7/10/2027. Staff: Manage a trained team of 12 employees. Support: Receive 6 months of transition support from the current owner for a seamless handover.
Growth Potential: Tap into opportunities north of Dallas with Anna/Melissa franchise rights. Leverage the increasing local workforce to grow your membership base. Enhance local visibility with Orangetheory's marketing resources.
Reason for Selling: The owner is shifting focus to other ventures and completing a law degree.
Don’t miss out on acquiring a thriving fitness studio poised for limitless growth!
Facilities & AssetsJuly 2023 Newly constructed gym facility with bathrooms and showers. Unique two entry way gym layout for easier member transition between classes. All fitness equipment included. Owner is also selling Anna/Melissa, TX franchise rights with location for growth advantage or resell.
Market & CompetitionM: Strategic location next to medical center of 4,000 employees alongside a food distibution center with 1,700 employees. Technology manufacturer is slated to bring 3,000 jobs in mid 2025. C: Competitors include Anytime Fitness, Planet Fitness, and 2 other small gym owners within a 20mi radius.