Curves for Women is a large, well known work-out franchise that targets women as their clients. Curves has grown tremendously in popularity over the years due to the motivation and results achieved by their clients. There are approximately 300 locations in the state of Michigan. The seller established this location in 2006 and has achieved the "Shining Star" classification., an honor only 5 out of the 57 other Curves franchises within a 30 radius have been awarded. The seller, who is a full time high school teacher, does not have the time and necessary dedication to devote to this Curves in order for it to achieve its maximum potential. This Curves is ideally located in an affluent area of western Wayne County with high household incomes. An aggressive, full-time owner-operator is necessary for this Curves to achieve its true potential. Sales should greatly improve with an active, aggressive, full-time owner-operator. Also, seller has qualified for the "Curves Smart" system whereby members' workouts are tracked via monitors located at each workout station. The equipment is leased with the option to buy at the end of the lease for $1.00. The monthly lease payments are approximately $215 per month for another 31 months. Purchaser is to assume this lease at closing. The Curves clients pay a one-time sign up fee of $149.00 (or less depending on the current promotion) plus a monthly fee of $35 which is electronically debited (EFT) from the client's checking account or charged to the client's credit card. Currently there are approximately 180 active members are growing (as of May, 2008), 90%of whom are on the EFT system. The rest pay annually or on a month-to-month basis. The ongoing royalties 5% of sales and the ad fund is 3% of sales. The term of the franchise agreement is 10 years with options to renew for subsequent 5 year terms. The transfer fee is $5000 and the training fee is $1000. Training is in Waco, Texas. This is an excellent opportunity to own a Curves for Women with tremendous upside potential to increase sales and profits.

Business location: Oakland County

Financing terms: cash

Support and training: Yes

Reason to sell: Seller is a full time high school teacher and does not have the time and drive to operate the business properly.

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