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Profitable Semi-Absentee Owned Gym w/ Like New Equip

  • Listing No.: 106-15472

  • Category: Fitness Center

Asking Price $99,000
Down Payment $75,000
Gross Revenue $335,504
Total Adjusted Net Income $71,687
Equipment/Fixtures $195,101
Year Established 2014
General Location San Bernardino County
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Incredible opportunity! Semi-absentee run profitable gym with two huge spaces, one for the gym and one for yoga and spin. Like new and paid for spin bikes. Current owners are the landlords too so it’s a great opportunity to purchase and start a new lease. Current owners have vastly improved and grown the business and are ready to hand it off to an industry investor or operator. Almost $200k in equipment and $250k in the buildout. Sellers are motivated so priced to sell. Please contact Mitch at (404) 272-9108 or mitch@fcbb.com for more info!

Gross Revenue $335,504 Listed Price $99,000
Total Income $71,687 Down Payment $75,000
Base Rent $ Square Feet 6500 ft2
Total Rent $8,542 Lease Description
Rent Deposit $ Lease Options
Inventory $8,000 Leashold Improvements $250,000
Equipment/Fixtures $195,101 Other Assets
Full-Time Employees 1 Training Period 1 Month
Part-Time Employees Special License Required
Contract Staff 6 Reason for Selling Family

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.

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