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Long Beach, CA

  • Listing No.: 130-00182

  • Category: Fitness

Asking Price $119,000.00
Down Payment
Gross Revenue $232,384.00
Total Adjusted Net Income $154,271.00
Equipment / Fixtures $20,000.00
Year Established 2017
General Location Long Beach, CA
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Fitness is a passion! Realize your passion by owning your own gym or expanding an existing gym with another location! Why spend the time, money, and effort to build a new fitness gym, when you can take advantage of this turn-key operation with an established membership base! This gym is operated semi-absentee, comes with a full staff of coaches, and most members are on annual contracts! The gym features group bootcamp-style classes, accountability coaches, and nutritional supplement sales to help clients achieve their fitness goals. Approx. $20K in gym equipment is included in the sale. Revenue and members have grown each year, and the buyer does not need to coach classes. The gym has a 4.5-star rating on Yelp! Inquire now for more details!

Gross Revenue $232,384.00 Listed Price $119,000.00
Total Income $154,271.00 Down Payment
Base Rent $1,000.00 Square Feet 1000
Total Rent $1,424.00 Lease Expiration 8/2019
Rent Deposit $1,274.00 Lease Options
Inventory $800.00 Leasehold Improvements
Equipment / Fixtures $20,000.00 Other Assets
Full-Time Employees Training Period Two Weeks
Part-Time Employees Special License Required None
Contract Staff 5 Reason for Selling Relocating

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.