Popular Fitness Studio for Sale in Los Angeles
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Listing No.: 106-15064
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Category: Fitness Studio
| Asking Price | $85,000 |
| Down Payment | $75,000 |
| Gross Revenue | $290,188 |
| Total Adjusted Net Income | $65,579 |
| Equipment/Fixtures | $31,544 |
| Year Established | 2007 |
| General Location | Los Angeles |
Popular fitness studio available for acquisition offering personal training and group exercise classes including Barre, Yoga, TRX, etc. Owner is switching careers and is increasingly less active in the business. All staff is fully trained. The seller has worked hard to lower overhead expenses including rent and payroll, giving the gym a record breaking year of profitability. Memberships provide recurring monthly revenue. This business is poised to continue expanding with every new member adding to the bottom line. The seller is willing to provide training to new buyer. Call immediately for more information on this exciting and profitable opportunity.
| Gross Revenue | $290,188 | Listed Price | $85,000 |
| Total Income | $65,579 | Down Payment | $75,000 |
| Base Rent | $ | Square Feet | 2,100 ft2 |
| Total Rent | $5,900 | Lease Description | |
| Rent Deposit | $ | Lease Options | 1, 3 yr option |
| Inventory | $ | Leashold Improvements | $ |
| Equipment/Fixtures | $31,544 | Other Assets |
| Full-Time Employees | Training Period | 2 weeks | |
| Part-Time Employees | Special License Required | ||
| Contract Staff | 10 | 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.