Orangetheory Fitness Opportunity

investor profile

December 15, 2024

by an investor from University of Minnesota - Carlson School of Management in San Diego, CA, USA

Bought into a struggling Orangetheory franchise and have turned it into an absentee cashflowing business with double digit growth in 6 months. The business has an EIDL SBA Loan of ~$500k at 3.5% interest connected. This is an excellent opportunity to take over a boutique fitness franchise with very little money down. Owner is relocating. Shoot a DM if you'd like more details.
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Reply by a searcher
from Drexel University in Philadelphia, PA, USA
I hadn't heard about the EIDL loan. Here's a link to SBA for anyone else who wants to know what it is:

Read about the COVID-19 EIDL program, which provided loans and advances to help businesses recover from the economic impacts of the pandemic. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/eidl
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Reply by an investor
from University of Minnesota in San Diego, CA, USA
Thanks for sharing redacted Basically we are able to offer really cheap money for a growing franchise. This opportunity makes sense for someone who is local and looking for a nearly passive source of income in a fun industry.
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