DOCSLIB.ORG

Freddy's Anchored Retail Property

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Freddy's Anchored Retail Property This property is listed in conjunction with Tennessee-licensed real estate broker Kabat Real Estate Solutions. (Lizz Kabat, TN License #258073) TENANTS ARE OPEN FOR BUSINESS AT PAUL HUFF CORNERS OFFERING MEMORANDUM Freddy’s Anchored Retail Property Cleveland, TN This property is listed in conjunction with Tennessee-licensed real estate broker Kabat Real Estate Solutions. www.preservewestcapital.com TABLE OF CONTENTS PROPERTY HIGHLIGHTS 1 SITE PLAN 8 PROPERTY OVERVIEW 2 AERIAL 9 FINANCIAL ANALYSIS 3 ABOUT THE AREA 11 RENT ROLL 6 DEMOGRAPHICS 13 TENANT PROFILES 7 Disclaimer Preserve West Capital (“Broker”) has been retained on an exclusive basis to market the property described herein (“Property”). Broker has Putnam Daily been authorized by the Seller of the Property (“Seller”) to prepare and distribute the enclosed information (“Material”) for the purpose of Partner soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon request following the mutual execution of a letter of intent or contract to purchase between the Seller and a prospective purchaser. You 415.445.5107 are invited to review this opportunity and make an offer to purchase based upon your analysis. If your offer results in the Seller choosing [email protected] to open negotiations with you, you will be asked to provide financial references. The eventual purchaser will be chosen based upon an CA RE License #01750064 assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate. The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors for the acquisition of the Vahe Nokhoudian Property. The Material is not to be copied and/or used for any other purpose or made available to any other person without the express Associate written consent of Broker or Seller. The Material does not purport to be all-inclusive or to contain all of the information that a prospective buyer may require. The information contained in the Material has been obtained from the Seller and other sources and has not been verified 415.445.5122 by the Seller or its affiliates. The pro forma is delivered only as an accommodation and neither the Seller, Broker, nor any of their respective [email protected] affiliates, agents, representatives, employees, parents, subsidiaries, members, managers, partners, shareholders, directors, or officers, CA RE License #01963342 makes any representation or warranty regarding such pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must independently confirm the accuracy of the projections contained in the pro forma. Michael Maffia Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, to accept Managing Partner any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have 415.445.5144 acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto. [email protected] Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information. CA RE License #01340853 Lizz Kabat Kabat Real Estate Solutions 615.410.1114 [email protected] www.preservewestcapital.com TN RE License #258073 PROPERTY HIGHLIGHTS • 100% Leased to National and Regional Tenants • Prominent Retail Location Neighboring Numerous Major Shopping Centers - Anchored by Freddy’s and OrangeTheory - Nearby Anchor Tenants include Walmart Supercenter, Target, - Rare Annual Rental Escalations for OrangeTheory Publix, ALDI, & More • Brand New 2019 Construction with Drive Thru Component for • Approximately 1 Mile from Cleveland State Community College Freddy’s & 3 Miles from Lee University • Strategic Tenant Mix Featuring Internet-Resistant Food & - Student Population of 9,100 within 5 Mile Radius Service Uses • 3 Miles from Tennova Healthcare Cleveland Medical Center • Excellent Access and Visibility Adjacent to I-75 Junction - Staff of 1,157 - Combined AADT of 64,840 • Established Economic Base in Manufacturing and Healthcare - Paul Huff Parkway Serves as Main Corridor to I-75 in Cleveland - 13 Fortune 500 Companies Operating in City • Robust Demographics in Surrounding Area - Major Employers Include Whirlpool, Coca Cola, Mars, Inc., Duracell & More - Total Daytime Population of 70,619 within 5 Miles of Site • Approximately 30 Miles from Chattanooga - Average Household Income of $72,411 within 3 Mile Radius PRESERVE WEST CAPITAL | 1 PROPERTY OVERVIEW Location The property is located at 640 Paul Huff Parkway, Building 300 in Cleveland, Tennessee. Lot Size Approximately 1.12 acres or 48,787 square feet. Improvements Construction was completed in 2019 of a 8,912 square foot retail building demised into three retail suites. Freddy’s | 3,040 square feet Lady Jane’s | 1,400 square feet Tropical Smoothie Cafe | 1,672 square feet OrangeTheory | 2,800 square feet Parking There are 245 parking spaces available throughout the center. PRESERVE WEST CAPITAL | 2 FINANCIAL ANALYSIS PRICING PRICE $5,139,000 6.00% CAP Rate Projected Gross Revenue YEAR 1 YEAR 10 YEAR 1 YEAR 10 Scheduled Base Rental Revenue $299,549 $356,202 Expense Reimbursement Revenue $55,334 $68,625 Net Operating Income $308,329 $366,645 Total Potential Gross Revenue $354,883 $424,827 Return 6.00% 7.13% Effective Gross Revenue $354,883 $424,827 Annual Expenses Common Area Maintenance $16,309 $21,279 Note The net income is an estimate and does not provide for all potential costs and expenses (i.e. Insurance $6,684 $8,721 maintenance, repair, etc.) that may be required of the owner. Any reserves set forth herein are Taxes $11,140 $13,313 merely estimates and not based on any experience, physical inspection, or prior knowledge. All prospective purchasers are strongly advised to make an independent investigation to determine Management @ 3.5% of EGR $12,421 $14,869 their estimate of costs and expenses prior to entering into an agreement to purchase. Total Operating Expenses $46,554 $58,162 PRESERVE WEST CAPITAL | 3 FINANCIAL ANALYSIS CASH FLOW PROJECTION Cleveland Retail Shops - 300 Cash Flow Projection Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Mar-2021 Mar-2022 Mar-2023 Mar-2024 Mar-2025 Mar-2026 Mar-2027 Mar-2028 Mar-2029 Mar-2030 Mar-2031 Feb-2022 Feb-2023 Feb-2024 Feb-2025 Feb-2026 Feb-2027 Feb-2028 Feb-2029 Feb-2030 Feb-2031 Feb-2032 Net Rentable Area - Sq. Ft. 8,912 Base Rental Revenue PSF/mo. $2.80 $2.82 $2.84 $2.91 $3.02 $3.09 $3.11 $3.13 $3.18 $3.33 $3.40 Total Operating Expenses PSF/yr. $5.22 $5.34 $5.46 $5.60 $5.77 $5.91 $6.04 $6.18 $6.33 $6.53 $6.69 Absorption & Turnover Vacancy % - - - - - - - - - - - General Vacancy % - - - - - - - - - - - Potential Gross Revenue Base Rental Revenue 299,549 301,737 303,969 310,716 323,380 329,950 332,366 334,831 340,465 356,202 363,439 Absorption & Turnover Vacancy - - - - - - - - - - - Scheduled Base Rental Revenue 299,549 301,737 303,969 310,716 323,380 329,950 332,366 334,831 340,465 356,202 363,439 Expense Reimbursement Revenue 55,334 56,431 57,557 58,989 60,841 62,385 63,636 64,917 66,430 68,625 70,372 Total Potential Gross Revenue 354,883 358,168 361,526 369,705 384,221 392,335 396,002 399,748 406,895 424,827 433,811 General Vacancy - - - - - - - - - - - Effective Gross Revenue 354,883 358,168 361,526 369,705 384,221 392,335 396,002 399,748 406,895 424,827 433,811 Operating Expenses CAM - $1.83 16,309 16,798 17,302 17,821 18,356 18,907 19,474 20,058 20,660 21,279 21,918 Insurance - $0.75 6,684 6,885 7,091 7,304 7,523 7,749 7,981 8,220 8,467 8,721 8,983 Taxes - $1.25 11,140 11,363 11,590 11,822 12,058 12,299 12,545 12,796 13,052 13,313 13,580 Management @ 3.5% 12,421 12,536 12,653 12,940 13,448 13,732 13,860 13,991 14,241 14,869 15,183 Total Operating Expenses 46,554 47,582 48,636 49,887 51,385 52,687 53,860 55,065 56,420 58,182 59,664 NET OPERATING INCOME 308,329 310,586 312,890 319,818 332,836 339,648 342,142 344,683 350,475 366,645 374,147 Leasing & Capital Costs Tenant Improvements - - - - - - - - - - - Leasing Commissions - - - - - - - - - - - Total Leasing & Capital Costs - - - - - - - - - - - Cash Flow Before Debt Service 308,329 310,586 312,890 319,818 332,836 339,648 342,142 344,683 350,475 366,645 374,147 INTERNAL RATE OF RETURN - 10 Year Hold EXIT SALE CALCULATION - End of Year 10 IRR Price Per SF Cap Year 1 Total Dollars Per SF Capped Value @ 6.45% $5,800,729 $650.89 8.10% $4,780,295 $536.39 6.45% Cost of Sale @ 3.00% (174,022) (19.53) Net Sale Proceeds $5,626,707 $631.36 PRESERVE WEST CAPITAL | 4 5/5/2021 - 1:56 PM FINANCIAL ANALYSIS GENERAL ASSUMPTIONS General Assumptions Analysis Date March 2021 Total Rentable Area 8,912 SF Total Area for CAM 8,912 SF Reimbursement Calculations General Inflation per Annum 3% General Expense Growth 3% per Annum Real Estate Tax Growth 2% per Annum Management Fee 3.5% of EGR PRESERVE WEST CAPITAL | 5 RENT ROLL Current Rent Lease Rental Rental Monthly Annual Lease Tenant Sq.
Load more

Recommended publications
  • Sprouts/Petsmart Center 3311-3315 Lithia Pinecrest Road, Valrico (Tampa), Florida
    SPROUTS/PETSMART CENTER 3311-3315 LITHIA PINECREST ROAD, VALRICO (TAMPA), FLORIDA OFFERING MEMORANDUM 60 75 MCDONALD’S BURGER SUBJECT KING Walgreens PROPERTY The information in this package has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2013 Marcus Millichap. ACT ID Z0070501 MARCUS & MILLICHAP 2 // Sprouts/PetSmart Center Rent Roll Lessee Information as of December 2020 3311-3315 Lithia Pinecrest Road, Valrico (Tampa), FL 33596 APPROX. PERCENT LEASE LEASE APPROX. BASE RENT ANNUAL LEASE RENTAL RENEWAL TENANT NAME TENANT RENTABLE SF OCCUPANCY COMMENCEMENT EXPIRATION RENT PSF PER MONTH RENT TERM INCREASES OPTIONS Sprouts Farmers $.50//PSF 4, 5 Year 30,000 55.9% 2/21/2018 2/28/2028 $16.00 $40,000.00 $480,000.00 SFM, LLC 10 Years Market Every 5 Years Options $.50/PSF 4, 5 Year PetSmart 20,108 37.5% 2/21/2018 2/28/2028 $18.50 $30,999.83 $371,998.00 PETSMART,INC. 10 Years Every 5 Years Options Orangetheory 10% Every 2, 5 Year 3,554 6.6% 2/21/2018 2/28/2025 $24.50 $7,256.08 $87,073.00 Franchisee 7 Years Fitness
    [Show full text]
  • Fitness Franchising: Which Type of Center? Gym Or Trampoline Park? Find Your Ideal Partner All in the New Global Wire
    FITNESS Global SPECIAL Franchise WIRE MASTER, REGIONAL AND INTERNATIONAL FRANCHISING FITNESS FRANCHISING: WHICH TYPE OF CENTER? GYM OR TRAMPOLINE PARK? FIND YOUR IDEAL PARTNER ALL IN THE NEW GLOBAL WIRE GOLD’S GYM P6 SNAP FITNESS P14 GRAVITY P22 CURVES P26 REACH YOUR STRONGEST FINANCIAL POTENTIAL BY HELPING PEOPLE ACHIEVE THEIR POTENTIAL THROUGH FITNESS. Transform lives, including your own, by joining the # 1 FULL SERVICE FITNESS most respected and best-known brand in the fitness FRANCHISE IN THE WORLD industry category. Providing a market-leading, 96% BRAND AWARENESS best-in-class service, Gold’s Gym franchisees serve 3+ THE MOST RESPECTED AND BEST- KNOWN BRAND IN THE CATEGORY million members worldwide with 700+ gyms in 29 states & 28 countries. Opportunities available from many U.S. $84 BILLION GLOBAL FITNESS INDUSTRY and International markets that are primed for growth. FIGHTING OBESITY Begin your journey. Transform your life. Join our legacy. Visit franchising.goldsgym.com © 2018 Gold’s Gym. All Rights Reserved. *The financial representation is for the 115 corporate owned facilities during 2016, regardless of their size as published in Item 19 of our 2016 Franchise Disclosure Document (FDD). There is no assurance you will do as well, and you must accept that risk. THIS IS NOT AN OFFER OF A FRANCHISE. Offerings are made by prospectus only. Welcome Welcome to the second edition of the Global Franchise Wire. This online extra from the number one journal in international franchising [ CONTENTS ] looks at the presently surging trend in fitness centers. This is a franchising sector which has exploded over recent years.
    [Show full text]
  • Leasing Brochure
    COVER COVER OVERVIEW DEMOGRAPHICS AERIAL CENTER PHOTOS CONTACT MARKETPLACE AT HAMDEN 2335 Dixwell Avenue (Route 10) Hamden, CT 06514 STOP & SHOP • T.J.MAXX • ULTA • OLD NAVY OVERVIEW COVER OVERVIEW DEMOGRAPHICS AERIAL CENTER PHOTOS CONTACT MARKETPLACE AT HAMDEN 2335 Dixwell Avenue (Route 10) Hamden, CT 06514 STOP & SHOP • T.J.MAXX • ULTA OLD NAVY Marketplace at Hamden is a 235,600 square foot shopping center featuring one of the highest volume Stop & Shop locations in New England. It also features T.J.Maxx, Staples, Old Navy, and popular specialty shops including Petco, Orangetheory Fitness, and TGI Fridays. The town of Hamden is an affluent community that is part of the Greater New Haven trade area. LOCATION AND TRAFFIC COUNT TRADE AREA RETAIL HUB The center is well situated on Dixwell Hamden, just four miles from downtown This dominant retail corridor features Avenue (Route 10) in an area known as New Haven, Connecticut’s second largest today’s most popular national names the “Magic Mile” for its critical mass of city, is home to over 60,000 people to serve as a draw from a large trade shopping centers and major retail stores. with an average annual income of over area. There is over one million square $90,000. It is a vibrant, well-established feet of shopping within four miles of This busy roadway, the major Hamden bedroom community with its own robust the center including Kohl’s, Marshalls, to New Haven route, boasts 24,948 employment sector. Hamden is home to Bed Bath & Beyond, Party City, cars per day.
    [Show full text]
  • Pioneering the Next Evolution in Global Real Estate Services
    Retail Services Pioneering the next evolution in global real estate services Newmark Knight Frank is one of the world’s leading With a fully integrated platform of services that includes leasing advisory, commercial real estate advisory firms. Operating from global corporate services, investment sales and capital markets, property more than 480 offices on six continents, we serve and facilities management, program and project management, consulting, and valuation and advisory services, we offer comprehensive real estate the property needs of tenants, owners, investors and solutions that support the business objectives of our clients. developers worldwide. 480 58 Offices worldwide Countries 6 400M Continents SF managed worldwide 18K + $96.7B Global professionals Capital markets volume $3.3B 90 Global revenues Years of experience | 1 Redefining the boundaries of retail real estate Newmark Knight Frank’s National Retail Services team comprises the most elite solution providers in the industry. We see the bigger picture of how real estate, operations and branding come together to create a business that is built to deliver a unique customer experience. Drawing on partnerships across consumer and lifestyle brands, real estate, financial services and more, we make connections that give our clients access to relationships and enable them to capitalize on the ever-evolving retail landscape — from supply chain to storefront. 2 | Retail Leasing and Advisory Services Delivering Tenant Representation Strategic Planning, Site Selection and Lease Negotiations strategic Lease Dispositions, Restructuring and Renewals Owner Representation solutions Agency Marketing Retail Occupier Services Our comprehensive integrated platform Franchise Advisory of services provides our clients with a State-of-the-art GIS Mapping, Demographic Systems, single-source solution and the most robust and In-Store and Mobile Analytics range of services in the industry.
    [Show full text]
  • Gateway Village Clemson, SC CONFIDENTIAL OFFERING MEMORANDUM TABLE of CONTENTS EXCLUSIVELY LISTED BY
    Gateway Village Clemson, SC CONFIDENTIAL OFFERING MEMORANDUM TABLE OF CONTENTS EXCLUSIVELY LISTED BY Investment Overview Jimmy Wright 03 Executive Summary Shareholder/Broker [email protected] 864 678 5927 Property Overview 04 Regional Map 05 Local Maps 07 Site Map Kaki Mac Lain Broker [email protected] Financial Overview 864 678 5937 08 Cash Flow Analysis Tenant Overview 09 Sampling of Tenant Summaries Market Overview 11 Market Analysis 13 Demographics Furman Capital Advisors, LLC 101 E. Washington Street, Suite 400 Greenville, SC 29601 | 864.235.6855 FurmanCapital.com INVESTMENT OVERVIEW Executive Summary PROPERTY SUMMARY FINANCIAL SUMMARY 1390 Tiger Blvd Address NOI $1,230,358 Clemson, SC 29631 Cap Rate 6.35% Total GLA ±77,543 SF List Price $19,375,000 Total Land Size ±11.6 Acres Price per SF $249.86 Parcel Number 4054-14-32-6759 Year Built 2013 Traffic Counts (US Hwy 123) Occupancy 100% Anchor Publix Access Two traffic lights Visibility Visible from Hwy 123 INVESTMENT STRENGTHS • Publix anchored shopping center • Location: At the intersection of the two most frequently traveled roads of Clemson • Proximity: 1.5 Miles from the heart of Clemson University with nearly 24,000 students • Nationally recognized tenants 3. Gateway Village | Clemson, SC PROPERTY OVERVIEW Regional Map Asheville 88 Miles From Site Charlotte 130 Miles SITE Spartanburg From Site Greenville 61 Miles From Site 1390 Tiger Blvd 28 Miles Clemson, SC 29631 From Site Columbia 129 Miles Atlanta From Site 124 Miles From Site 4. Gateway Village | Clemson, SC PROPERTY OVERVIEW Local Map Tiger Blvd 21,400 VPD SITE College Ave 12,100 VPD Old Greenville Hwy Hwy 28 S 18,800 VPD Old Greenville Hwy SCDOT Traffic Counts 5.
    [Show full text]
  • Triumph Bell West Ranch 16846 W Bell Road | Surprise, Az 85374
    TRIUMPH BELL WEST RANCH 16846 W BELL ROAD | SURPRISE, AZ 85374 JON ROSENBERG JASON REDDINGTON KERI DAVIES 480.294.6011 480.289.4504 480.294.6572 [email protected] [email protected] [email protected] THE OFFERING LevRose Commercial Real Estate is pleased to present the opportunity to acquire 16846 W Bell Road just off Bell Road and Loop 303. The C-C zoned property is a ±20,225 square foot multi-tenant shopping center on a highly traveled intersection in Surprise, AZ. The shopping center is on a hard corner with over 49,000 vehicles per day on Loop 303 and over 26,000 vehicles per day via Bell Road. This shopping center provides daily needs to a dense population. There are over 78,000 people in a one-mile radius and over 147,000 in a three mile-radius. This investment allows for the opportunity to acquire a high cash-flowing property. The property is listed at $5,635,000 which reflects a cap rate of 6.75% (NOI = $380,361). 16846 W Bell Road is a unique retail opportunity that includes a steady cash flow and a diverse tenant mix. This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information.References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice. 16846 W BELL RD PROPERTY ADDRESS: SUMMARY SURPRISE, 85374 OFFERING PRICE: $5,635,000 PRICE PER SF: $279 PSF CAP RATE: 6.75% NOI: $380,361 OCCUPANCY: 100% 7.97/1,000 SF PARKING: 156 Spaces ZONING: C-C YEAR BUILT: 2004 LOT SIZE: ±2.92 AC BUILDING SIZE: ±20,225 SF PARCEL: 232-39-969 This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information.References to square footage are approximate.
    [Show full text]
  • Fne79digdutch.Pdf
    April 30, 2019 Issue N°79 You’re reading Fitness News Europe, the independent business news publication for executives in the international fitness industry. With an online portal and a bi-monthly newsletter, Fitness News Europe provides reliable business news and often exclusive analysis on the fast-moving fitness market. Check out our website for further information about the publication, to register for a free trial and obtain your subscription. CONTENTS MAIN STORIES Basic-Fit reinforcing Dutch leadership with Fitland buy ................................................................. Orangetheory Fitness investing in Europe ...................................................................................... Fitness First takes Barry’s into Germany and Austria .................................................................... Core Health & Fitness adds to multi-brand strategy ...................................................................... Life Fitness heading for rapid sale ................................................................................................... Puma doubles intensity in fitness ................................................................................................... Lululemon to quadruple international sales ................................................................................... Swedish retail investor builds STC gym group ................................................................................ Pure Gym to spread small box gyms ClassPass launches European blitz
    [Show full text]
  • Fitness & Wellness Fitness Data Tracker Vol. 1: Ongoing Recovery = Elongated Season
    EQUITY RESEARCH USA | Fitness & Wellness Fitness & Wellness Fitness Data Tracker Vol. 1: Ongoing Recovery = Elongated Season April 30, 2021 Chart 1 - Nationwide Fitness Center Traffic - Jan. 2020 Index Key Takeaway 120 100 In the context of a rapidly evolving fitness landscape, we introduce our alt. data This report is intended for [email protected]. Unauthorized distribution prohibited. tracker scanning trends across four major inputs - search, web traffic & app downloads, 80 60 physical traffic and social media engagement - to better gauge consumer behavior and 40 interest. Mar. key takeaways: 1) Gym search trends at COVID highs, 2) Traffic gradually 20 recovering, 3) Web visits stable, app downloads accel., and 4) Social media activity 0 reflects digital focus. SEARCH: Gym Interest At COVID Highs: We track for generic fitness keywords to better Source: SafeGraph, Jefferies understand consumer's willingness to return to the gym. In Q1, search for "gym near me" were at COVID highs and trends for key fitness players were directionally improved. Chart 2 - At-Home Fitness Equipment We view this as an indication 2021 will witness an elongated "new year new me" Interest season as socialization increases. Meanwhile, search for at-home fitness equipment has 80 70 moderated from the Jan. highs, an indication the at-home fitness frenzy may be easing. 60 50 ON-PREMISE TRAFFIC: Ongoing Gradual Recovery: We remain of the view gym traffic 40 30 will continue to gradually improve as COVID restrictions ease, vaccinations accelerate 20 and consumer's risk tolerance increases. As of end of Q1, traffic at fitness centers was 10 10% below Q1 19, the best level since the start of the pandemic.
    [Show full text]
  • Franchise Opportunities International
    INTERNATIONAL FRANCHISE OPPORTUNITIES WHY JOIN THE FAMILY? • Fastest growing fitness brand worldwide • More than 1,100 studios opened worldwide in less than 8 years • Zero studio closures • Unique concept, producing real results for our members & franchisees • State of the art treadmills, rowing machines and fitness equipment • Daily changing workout routines designed by fitness experts • Low fixed expenses with high margins • Comprehensive area development & franchise training, onboarding and cross-functional support • Boutique studio size - 300 m2 WE ARE GLOBAL • Australia • Kuwait • Canada • Mexico • Chile • New Zealand • China • Peru • Colombia • Poland 1,100+ STUDIOS • Costa Rica • Saudi Arabia 22 COUNTRIES • Dominican Republic • Singapore • Germany • Spain • Guatemala • UAE • Israel • United Kingdom • Japan • United States LOOKING FOR AREA MASTER FRANCHISEES / AREA DEVELOPERS IN: France, Germany, Italy & other select European & Asian countries ORANGETHEORY® MAKES IT SIMPLE TO GET MORE LIFE FROM YOUR WORKOUT Orangetheory Fitness is a 1-hour group personal training workout broken into intervals of cardiovascular and strength training that produce maximum calorie burn. The heart rate-based, 5-zone interval training program is designed to encourage the members to maintain a target zone that stimulates metabolism and increases energy. Fitness coaches lead each one-hour session using a variety of equipment including treadmills, rowing machines, suspension training and free weights, getting heart rates in the target Orange Zone for the desired time to produce the Orange Effect. The result is more energy, visible toning and extra calorie burn after the workout. WE MAKE IT SIMPLE. • Orangetheory has the most impactful 1-hour science-backed workout in the industry. • Our heart rate-based interval training enables participants to continue to burn calories for up to 36 hours after the workout is over.
    [Show full text]
  • Arthur Mccoll Joins Express As CEO of Frontline Recruitment Group
    For Immediate Release Arthur McColl Joins Express as CEO of Frontline Recruitment Group Executive to Lead Efforts in Australia, New Zealand OKLAHOMA CITY, July 24, 2020 — After expanding into new global markets earlier this year with the acquisition of Frontline Recruitment Group, Express Employment Professionals introduces Arthur McColl as the new Chief Executive Officer of the franchised staffing company with 31 locations in Australia and three in New Zealand. McColl will play a key and strategic role in helping grow the Express brand throughout both countries, while also strengthening and further developing the existing Frontline brand presence. A seasoned senior executive with 30 years of experience managing multiple brands in both the United Kingdom and Australia, he brings a dedication to brand alignment that will create a sustainable future ripe for growth for franchisees and their team members. “Through his exceptional leadership, Arthur has helped multiple businesses thrive and grow to new heights during his career,” said Bill Stoller, CEO of Express. “His professional experience across different countries and areas of expertise make him a fitting choice for both Express and Frontline as we grow our core franchise locations across Australia and New Zealand.” Beginning his career with Stakis Hotels in 1987, which was acquired by Hilton International in 1997, he was instrumental in the acquisition and growth strategy of the company, contributing to the acquisition of both LivingWell UK and Viva Health clubs before relocating and becoming the Vice President of LivingWell Australia in 2002. Following the successful sale of the division, he departed the company in 2006 and was named Operations Director of LA Fitness, UK, before serving as the company’s Chief Operating Officer until 2015.
    [Show full text]
  • International Master Franchise & Area
    International Master Franchise & Area Development Opportunities WHEN FITNESS MET SCIENCE In 2007, physiologist Ellen Latham brought together science and fi tness in a revolutionary way. She called it the Orange Eff ect and started a U.S. studio to prove it. Today OTF has taken the world by storm to become one of the most well- known fi tness franchises on the planet. We’re spread across more than 1,400 studios in 25 countries across the globe. We attract Master Franchisees and Area Developers with a range of skills from leadership, to retail and operations, to sales and fi nance. They’re all passionate about innovation, driven to bring the latest fi tness trends to their market, and excited by a business opportunity with exceptional personal and potential fi nancial reward. ARE YOU READY TO JOIN ORANGE NATION? REAL SCIENCE. REAL RESULTS. At Orangetheory Fitness, we set both our members and franchise partners up to crush their goals. Our science-backed workout is proven to produce results, and our tried-and-true development track record is evidence of an effective franchise formula. Orangetheory Fitness is a 1-hour group personal training workout broken into intervals of cardio and strength training scientifically designed totorch fat, tone muscles, and increase energy based on each member's personal heart rate data. Coaches lead each class using a variety of equipment including treadmills, rowing machines, suspension training and free weights, getting members’ heart rates in the target Orange Zone for 12 minutes or more to produce the Orange Effect. Simply put - it’s the world’s smartest workout that keeps our members burning calories long after their workout ends.
    [Show full text]
  • IHRSA LATIN AMERICAN REPORT Evolución, Actualidad Y Futuro SEGUNDA EDICIÓN Del Sector De Clubes Y Gimnasios
    VERSIÓN EN ESPAÑOL IHRSA LATIN AMERICAN REPORT Evolución, actualidad y futuro SEGUNDA EDICIÓN del sector de clubes y gimnasios En alianza con Apoyo INTERNATIONAL HEALTH, RACQUET & SPORTSCLUB ASSOCIATION BIENVENIDA Nos complace presentarles la 2° edición del IHRSA Latin American Report: evolución, actualidad y futuro del sector de gimnasios en América Latina, que ha sido generosamente patrocinado por Hoist. Estamos seguros de que este nuevo informe será una valiosa fuente de información para el sector del fitness y la comunidad de inversores. Un esfuerzo considerable ha sido invertido por IHRSA, Mercado Fitness y Fitness Brasil para asegurar que la investigación y el análisis en esta publicación sean representativos de la industria en Latinoamérica. Basados en la primera edición de 2012, nuestro objetivo para este nuevo informe fue profundizar la comprensión de los factores, las personas y las empresas que motorizan el crecimiento del sector en esta región. Como leerán pronto, la industria de gimnasios en América Latina es robusta. Los 18 mercados analizados en este informe generan U$ 6000 millones JOE de dólares provenientes de más de 65.800 gimnasios. Cerca de 20 millones MOORE de latinoamericanos son miembros de gimnasios. Presidente y CEO El mercado de Latinoamérica es liderado por el desempeño de líderes globales. Brasil, solo, tiene más de la mitad de los gimnasios de esta región. Argentina posee el porcentaje más alto de penetración (6,75%) de individuos asistiendo a gimnasios. Como ya sabes, IHRSA y sus aliados en América Latina reúnen a la industria JAY ABLONDI con fines educativos, de negocios y networking varias veces por año.
    [Show full text]