2786 John Hawkins PkwyHoover, AL 35244

Property Details for 2786 John Hawkins Pkwy

Year built

2021

Property size (Sq ft)

2,000 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

Own this established, absentee-owned HOTWORX franchise in Hoover, AL. This 2,000 sq ft studio, built in 2021, features 10 infrared saunas and boasts strong sales growth and profitability. Currently generating over $200,000 in annual sales and $51,995 in Seller Discretionary Earnings, this business offers a unique fitness concept with a recurring revenue model. The asking price has been reduced to $150,000. Located in a high-visibility area with convenient access to major roadways and affluent neighborhoods, including Ross Bridge and Bluff Park. The studio benefits from a strong franchisor support system, including consistent marketing and training. The lease has a five-year term with two five-year renewal options, and monthly rent is $4,940. Existing equipment is in excellent condition, minimizing capital expenditures. The current staff is dedicated and in place. Significant upside potential exists through increased membership and additional revenue streams. This is a turnkey opportunity for an owner-operator or an investor seeking a profitable, low-maintenance business. Financial information available upon request. The franchise features a cost-effective marketing strategy and appeals to a wide customer base with convenient and affordable membership options. The business is currently operating at 100% occupancy. The leasehold improvements are valued at $113,365, and the furniture, fixtures, and equipment (FF&E) are valued at $185,794.

Location Insight

City

Hoover

County

Jefferson

State

Alabama

Latitude

33.3631

Longitude

-86.8238

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