Fitness Center
- Status: Pending
- Price: $159,900


Matthew Mejasich
- License No:
- DRE #02070217
- Email:
- matthew@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
Description
This is an owner run Fitness Center that is open 24 hours a day for its members. Members use a key fob to gain entry to the gym. No employees so the expenses are low. Currently they have 361 memberships with a total of 438 members. Membership rates range between $49.95 for individuals, $74.95 for joint memberships and $99.95 for family memberships. The square footage for the building is 2,817 sq ft. They also have a franchise transfer fee of $20,000. They did a rough estimate of equipment which came up to around $100,000. Owner claims that the business gross profit for 2021 was around $140,000 and out of that they netted around $50,000, but prior to COVID the business grossed around $400,000. They have separate women’s and men’s bathrooms and a back office, but the rest of the space is an open floor plan.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Fitness Center
License(s) Required:
Business
Hours of Operation:
24 hours
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4121
Date Available:
04/13/2022
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- 400,000 before Covid
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 8,594/m
- Lease Expires:
- Lease Option:
- NNN:
- included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: