Profitable Absentee Fitness Studio with Memberships
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Listing No.: 106-14592
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Category: Fitness Studio
| Asking Price | $149,000.00 |
| Down Payment | $120,000.00 |
| Gross Revenue | $222,856.00 |
| Total Adjusted Net Income | $59,949.00 |
| Equipment/Fixtures | $25,000.00 |
| Year Established | 2012 |
| General Location | San Diego |
This popular fitness concept is located in a high traffic coastal community. Owner has become significantly less involved in daily operations after the birth of her second child a few months ago. All classes are now instructed by trained and experienced staff members making this the turn-key operation you have been waiting for. With low fixed overhead and no recurring royalty payments this business is poised to continue expanding with every new member adding to the bottom line. Call immediately for more information on this exciting and profitable opportunity.
| Gross Revenue | $222,856.00 | Listed Price | $149,000.00 |
| Total Income | $59,949.00 | Down Payment | $120,000.00 |
| Base Rent | $4,270.00 | Square Feet | 1,750 ft2 |
| Total Rent | $4,270.00 | Lease Description | |
| Rent Deposit | $5,000.00 | Lease Options | 2, 1 year options |
| Inventory | $ | Leashold Improvements | $50,000.00 |
| Equipment/Fixtures | $25,000.00 | Other Assets |
| Full-Time Employees | 1 | Training Period | 2 Weeks |
| Part-Time Employees | 9 | Special License Required | |
| Contract Staff | Reason for Selling |
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.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.