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Hollywood

  • Listing No.: 130-00197

  • Category: Fitness

Asking Price $85,000.00
Down Payment
Gross Revenue $170,000.00
Total Adjusted Net Income $28,532.00
Equipment / Fixtures $20,000.00
Year Established 2017
General Location Hollywood
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Buy this gym and provide personal training and/or group classes to everyone who wants to improve their health and fitness. Started in 2017, this gym was already profitable in 2018 and just started a major marketing campaign to bring in teenagers and kids. The current owner provides personal training from early morning to mid-morning and group classes in the afternoons. Adding classes during the rest of the day have the potential to multiply revenues.

Gross Revenue $170,000.00 Listed Price $85,000.00
Total Income $28,532.00 Down Payment
Base Rent $4,631.78 Square Feet 2646
Total Rent $6,642.74 Lease Expiration 10/2022
Rent Deposit $12,753.72 Lease Options
Inventory Not Included Leasehold Improvements $11,000
Equipment / Fixtures $20,000.00 Other Assets
Full-Time Employees 1 Training Period 2 Weeks
Part-Time Employees Special License Required Trainer Certification - ISSA
Contract Staff 2 Reason for Selling Focus on personal training

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.