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Norfolk County

  • Listing No.: 106-15607

  • Category: Fitness

Asking Price $39,000
Down Payment $26,000
Gross Revenue $160,951
Total Adjusted Net Income
Equipment / Fixtures $10,000
Year Established 2017
General Location Norfolk County
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Gym for sale near Boston with low rent! Currently operating as a Franchise Barre Studio, buyer has the option of continuing to grow the business as is, or implement their own concept. Centrally located in a strip mall with plenty of parking. $10,000 of Fixtures and Equipment plus $1,500 of Inventory is included in the sale. The space is 1774 sqft and total monthly rent is $2,479. Lease ends 11/2024 with options to renew. Call Mitch McGinley for more information 404-272-9108.

Gross Revenue $160,951 Listed Price $39,000
Total Income Down Payment $26,000
Base Rent $2,439 Square Feet 1774
Total Rent $2,479 Lease Expiration 11/2024
Rent Deposit $2,500 Lease Options 1, 7 year option
Inventory $1,500 Leasehold Improvements $155,815
Equipment / Fixtures $10,000 Other Assets
Full-Time Employees Training Period 1 Month
Part-Time Employees 10 Special License Required
Contract Staff Reason for Selling Moving

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.