PRICE REDUCED-Large Upscale Bootcamp Style Health Club Franchise
Downtown LA
This is an upscale "Bootcamp" style health club franchise situated in a high traffic, high visibility location. It's a huge, beautiful facility with a "Wow!" factor and a ton of new equipment. It offers both cardio and "Fight Camp" style classes with boxing and kickboxing. Long term subscription type memberships provide consistent income and there are lots of opportunities to upsell to high ticket prices. Recent damage to the building has caused a temporary dip in membership but things are now getting back to normal. You're just in time to take advantage of the growth opportunity and scale this business beyond prior highs! Also, there is assumable SBA financing in place for over $430,000.00. Call the listing agent now for more information and a video or personal tour! 

Número de listado:

23821

Categoría:

Fitness

Ubicación:

Downtown LA
$599,000

Información financiera:

Ingresos brutos:

$1,274,184

Precio listado:

$599,000

Depósito:

$0

Ingresos totales:

$195,522

Año Establecido:

2018

Información de arrendamiento:

Pies cuadrados:

8600

Renta Total:

$21,070

Vencimiento del arrendamiento:

12/2026

Opciones de arrendamiento:

1 24 Months

Información de activos:

Mejoras arrendatarias:

$75,000

Equipos / Accesorios:

$200,000

Inventario:

$0

Otros activos:

N/A

Información adicional:

Empleados de tiempo completo:

6

Empleados a tiempo parcial:

7

Licencia especial requerida:

N/A

Personal contratado:

0

Periodo de entrenamiento:

30 Days

Razón de venta:

Other Business Interests

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Michael Faust
Office: (818) 810-4242 | Cell: (702) 610-1966
License #: CA DRE 00976329
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PRICE REDUCED-Large Upscale Bootcamp Style Health Club Franchise
Downtown LA

Listing Number:

23821

Category:

Fitness

Location:

Downtown LA

Listed Price:

$599,000
brokerPhoto
Michael Faust
Office: (818) 810-4242 | Cell: (702) 610-1966
License #: CA DRE 00976329
This is an upscale "Bootcamp" style health club franchise situated in a high traffic, high visibility location. It's a huge, beautiful facility with a "Wow!" factor and a ton of new equipment. It offers both cardio and "Fight Camp" style classes with boxing and kickboxing. Long term subscription type memberships provide consistent income and there are lots of opportunities to upsell to high ticket prices. Recent damage to the building has caused a temporary dip in membership but things are now getting back to normal. You're just in time to take advantage of the growth opportunity and scale this business beyond prior highs! Also, there is assumable SBA financing in place for over $430,000.00. Call the listing agent now for more information and a video or personal tour! 

Financial Information

Gross Revenue:

$1,274,184

Listed Price:

$599,000

Down Payment:

$0

Total Income:

$195,522

Year Established:

2018

Lease Information

Square Feet:

8600

Total Rent:

$21,070

Lease Expiration:

12/2026

Lease Options:

1 24 Months

Asset Information

Leasehold Improvements:

$75,000

Equipment / Fixtures:

$200,000

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

6

Part-Time Employees:

7

Special License Required:

N/A

Contract Staff:

0

Training Period:

30 Days

Reason for Selling:

Other Business Interests

First Choice Business Brokers

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.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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