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#Business ID: 11320

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Well-Known Personal Training & Fitness Center

Business Location: San Fernando Valley, California, United States

Asking Price: BUSINESS SOLD Revenue: $ 563,128 Cash Flow: $ 219,629

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

This well-known personal training and fitness center caters to professionals who want friendly one-on-one attention. It's not a real big fitness center, but not too small either. The center offers personal training, Pilates, and general gym memberships. There are over 300 gym members whose monthly fees are automatically billed to their credit card. One of the best aspects of the gym is its location. This business offers tremendous upside potential for a buyer who implements an active and consistent marketing plan.

Property Details

Years Established:

1996

Property Type:

Lease

FF&E:

$ 100,000

Inventory Value:

$ 4,000

Other Business Details

Business Location:

The location and visibility for the facility can not be beat. The size of the facility is approximately 5,500 square feet and parking is easy. The lease includes a 10-year option running through 2023, or you can negotiate a better lease since the commercial market is soft.

Business Operation Details

Employees:

37

Support & Training:

The owners are committed to ensuring a smooth and successful transition to the new owner.

Miscellaneous Details

Financing Available:

Yes
The seller will finance up to 25% of the total purchase price at 7% interest over a 5-year term for a qualified buyer.

Reason For Selling:

Other interests

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