Boutique Fitness Studio for Sale – Newport
Boutique Fitness Studio for Sale – Newport
Modern fitness studio with recurring memberships and personal training services.
Key Business Facts
Location:
Newport, Rhode Island
Category / Subcategory:
Health Care and Fitness » Dance, Pilates and Yoga
Business Overview
Operating since 2018 offering yoga, pilates, and wellness coaching programs.
Photo Gallery
Growth & Expansion Potential
Add fleet service contracts
Operations & Support
Facility Details:
Garage with lifts & waiting area
Competitive Landscape:
Low Competition
Support & Training Provided:
2 months included
Seller & Financing Information
Reason for Selling:
Retirement
Financing Details:
Partial owner financing
City Demographics & Business Outlook in Newport
The Newport market continues to be a growing destination for entrepreneurs, investors, and franchise operators seeking new opportunities.
Population: 215,000
GDP: $24,500
Median Age: 34.0
Population Growth Rate: 2.30%
Major Industries: Aerospace, Defense, Engineering, Biotechnology, Manufacturing
Entrepreneurship Rate: 8.50%
Number of SMEs: 8,500
Number of Franchises: 350
Key Financials
- Cash Flow: USD$20,000
- Gross Revenue: USD$118,000
- EBITDA: USD$17,000
- Inventory: USD$28,000
- Monthly Rent: USD$5,600
Business Facts
- Category: Health Care and Fitness » Dance, Pilates and Yoga
- Established: 2015
- Employees: 6
- Is Franchise: No
- Home Based: No
Property & Assets
- Real Estate: 110,000
- Building SQFT: 2,900
- Lease Expires: Sep 2032
- FF&E Included: Yes
- Fee & Equipment: 110,000
