Boutique Fitness Studio
|Total Adjusted Net Income||$25,870|
|General Location||Los Angeles|
Boutique fitness studio with over 100 recurring memberships and outstanding reviews. Described as energetic, friendly, encouraging, fun and clean. Seller invested over $45,000 in equipment that includes TRX Suspension Trainers, Boxing Bags, Schwinn Bikes, TVs and More! Classes focus on group and team training, TRX, HIIT, and Boxing. 2018 Gross Sales were $273,000 and Seller’s Discretionary Earnings were $25,000. The current owner states that there is lots of opportunity to increase margins and generate higher cash flow, as she does not do any coaching. Seller wants to spend more time with family and is ready to pass the business into the right hands. Call now for more details!
|Gross Revenue||$273,053||Listed Price||$75,000|
|Total Income||$25,870||Down Payment||$75,000|
|Base Rent||$4,642||Square Feet||2500 ft2|
|Total Rent||$5,317||Lease Description||Lease ends 11/2020 with a 3 year option to extend|
|Rent Deposit||$2,050||Lease Options||3 year option|
|Full-Time Employees||Training Period||2 Weeks|
|Part-Time Employees||7||Special License Required|
|Contract Staff||Reason for Selling||Spend More Time With 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.
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