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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2786 John Hawkins Pkwy Hoover, AL 35244

2,000 SF Built 2021
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2021
Total area 2,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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