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Maui

  • Listing No.: 106-15590

  • Category: Fitness

Asking Price $299,000.00
Down Payment
Gross Revenue $343,023.00
Total Adjusted Net Income $97,899.00
Equipment / Fixtures $75,799.00
Year Established 2005
General Location Maui
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This popular and award-winning studio is one of the top fitness facilities on the island. In business for nearly 14 years. Offers 60+ classes and 30+ personal training sessions a week. Beautiful buildout, wonderful landlords and rent is only $1.67/sq ft. Lobby area and retail corner, restroom, small back room for instructors/gear, large dance space, smaller upstairs dance area, dedicated personal training room, and upstairs Pilates training center featuring 5 convertible reformers/towers, Pilates Cadillac, 6 Pilates chairs, and more. This is the most versatile facility on the island offering: Pilates, Yoga, Barre, Aerial Yoga, Aerial Silks, Pole Dance Fitness, TRX, Bootcamps, Sculpting, Balance Board Yoga, Stand-Up Paddle (SUP) Yoga, SUP Pilates, Rehabilitation, Lyra, Dance Trapeze, Burlesque, Bungee Fitness, Ballet, Hip Hop, Kid's Dance, Self Defense, Gymnastics, Social Dance, and more! Long track record of growth and profitability. Seller will provide training and transition support. For all inquiries please text or call Mitch (404) 272-9108 or email mitch@fcbb.com.

Gross Revenue $343,023.00 Listed Price $299,000.00
Total Income $97,899.00 Down Payment
Base Rent $2,600.00 Square Feet 2400
Total Rent $4,000.00 Lease Expiration 12/2024
Rent Deposit $2,500.00 Lease Options 1, 5 Year Option
Inventory $20,745.00 Leasehold Improvements $264,000
Equipment / Fixtures $75,799.00 Other Assets
Full-Time Employees 1 Training Period 1 Month
Part-Time Employees Special License Required
Contract Staff 27 Reason for Selling Family/Sister

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.