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Health and Fitness Club

  • Status: Available
  • Price: $150,000

Matthew Mejasich

License No:
DRE #02070217
Email:
matthew@lbaweb.com
Office:
925-361-5429
Mobile:
925-932-2450
  • Listing No: 4093
  • Status: Available
  • Area: Los Angeles
  • Price: $150,000

Description

Fitness Club

Net Income $110,000

Boot Camp style Fitness Center Located in a well populated city in LA County. Owner claims the business Grossed around $250,000 for 2021 with Net Income of $ 110,000. His Goss was around $400,000 prior to COVID. Total book value of equipment is approximately $50,000. Current hours of operation are Monday thru Saturday, based on the hours that the classes are being held.

This business is one of the highest rated fitness clubs in all of LA and has a very dedicated and loyal customer base. This is the perfect business for a hands on owner that has a passion for fitness and helping people! This Health Fitness Club is not a Franchise gym, and it is not membership based. There are 2 x employee instructors who will contact the Trx classes, Boot Camp style classes and meal plan/ nutrition help. With this class-based gym you can either pay $20 per class or you can pay $77 for a month of unlimited classes. They offer 1 on 1 personal training. The Spin Class instructor is an Independent Contractor. They offer online Boot Camp training to help with people looking for alternative means of working out during the Pandemic. The spin class instructor is an independent contractor.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Health & Fitness Club
License(s) Required: Business
Hours of Operation: 5.30am- 7.30pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4093
Date Available: 02/16/2022
Reason For Sale: Other Interest

Financial Information

Annual Total:
250,000
Revenue:
Annual Net Income:
110,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
5,624
Lease Expires:
Lease Option:
NNN:

Financing Information

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

Contact Us

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