Absentee Fitness Studio – Price Reduced
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Listing No.: 106-15504
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Category: Fitness
| Asking Price | $199,000 |
| Down Payment | $ |
| Gross Revenue | $629,129 |
| Total Adjusted Net Income | $93,491 |
| Equipment/Fixtures | $12,268 |
| Year Established | 2016 |
| General Location | San Diego |
Price Reduced for a quick sale, originally priced at $575k, now offered at $199k. Studio is open and classes are back to being fully booked . This opportunity is a well-known and highly profitable cycle franchise located in affluent area of San Diego. Studio offers structured full-body workout spin classes designed to strengthen the body, energize the mind and feed the soul. Strong tight-knit community, large beautiful space, and well-trained instructors and staff. It is one of the elite, top-producing and original locations of the national franchise, and is often used as a showcase studio for other potential franchisees. Sales, memberships and profit continue to grow year over year. Current owner is mostly absentee, and is ready to sell to focus on a new venture. Excellent opportunity for a fitness professional looking to relocate to Southern California. For inquiries please contact Mitch (404) 272-9108.
| Gross Revenue | $629,129 | Listed Price | $199,000 |
| Total Income | $93,491 | Down Payment | $ |
| Base Rent | $8,465 | Square Feet | 2280 ft2 |
| Total Rent | $10,915 | Lease Description | Lease ends 12/2026 |
| Rent Deposit | $10,260 | Lease Options | 1, 5 Year Option |
| Inventory | $1,000 | Leashold Improvements | $305,747 |
| Equipment/Fixtures | $12,268 | Other Assets |
| Full-Time Employees | Training Period | 30 Days by Phone | |
| Part-Time Employees | Special License Required | ||
| Contract Staff | 10 | Reason for Selling | Family / New Ventures |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
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