Profitable Semi-Absentee Owned Gym w/ Like New Equip
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Listing No.: 106-15472
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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 |
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.
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