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Los Angeles

  • Listing No.: 106-15357

  • Category: Fitness

Asking Price $75,000
Down Payment $75,000
Gross Revenue $273,053
Total Adjusted Net Income $25,870
Equipment/Fixtures $45,836
Year Established 2014
General Location Los Angeles
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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
Total Rent $5,317 Lease Expiration 11/2020
Rent Deposit $2,050 Lease Options 1, 3 year option
Inventory $1,961 Leasehold Improvements $5,000
Equipment/ Fixtures $45,836 Other Assets
Full-Time Employees 0 Training Period 2 Weeks
Part-Time Employees 7 Special License Required
Contract Staff 0 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.

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.