Search

Boxing GYM Center

  • Status: Pending
  • Price: $125,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6367
  • Status: Pending
  • Area: Los Angeles
  • Price: $125,000

Description

Established in 2021, the 2500 Sf gym is located in a shopping center with plenty of parking.
The gym includes a boxing ring, 2 punching bag racks, 20 punching bags, 3 rogue echo bikes, a treadmill, 2 sets of benches, kicking shields, various dumbbells, exercise mats, medicine balls, etc. The rent is $7100.00 monthly including NNN with a 5-year lease and 3 years left on the lease.
The gross income is about $150k yearly and net of $50K a year and growing everyday.
Utilities are $300 a month. Hours of operating: M-F 8 AM to 7:30 PM, Sat 8 AM to 5 PM, (Sun 8 AM to 4:30 PM).

Business Information

Ownership Type: Corporation
Year Established: 2021
Year Purchased: 2021
Business Type: Boxing Gym
License(s) Required: Business
Hours of Operation: (M-F 8 AM to 7:30 PM), Sat 8 AM to 5 PM, (Sun 8 AM to 4:30 PM)
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6367
Date Available: 05/10/2022
Reason For Sale: Family Health Issue

Financial Information

Annual Total:
150,000
Revenue:
Annual Net Income:
50,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
7,100/m
Lease Expires:
2025
Lease Option:
1 x 5 years
NNN:
Included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County