Specialty Fitness Studio -- 60% Annual Cash Flow!

Santa Clarita, CA (Los Angeles County)

Seller Financing Available
Specialty Fitness Studio -- 60% Annual Cash Flow!

Asking Price:$160,000

Cash Flow:$102,000

Gross Revenue:$166,813

EBITDA:N/A

FF&E:$5,000

Inventory:N/A

Rate/Sq. Ft.:$2.13

Established:2014

Specialty Fitness Studio -- 60% Annual Cash Flow!

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Business Description

This studio has exploded in popularity and profitability in two short years, becoming a beloved destination for women seeking a full body transformation. Offering classes 7 days a week for women of all shapes, ages and fitness levels, the business has thrived by crafting personalized programs to match each client’s specific goals.

The owner says the business is enormously enjoyable and satisfying, with very modest expenses. The 2015 P&L points to a $102,000 total cash flow on $166K in gross revenues. About 80% of monthly expenses go to a $3,400 rent payment and fees to contracted instructors who are paid per class. The current lease runs through 2019. The studio is located in an upscale, heavily-trafficked shopping center in Santa Clarita.

This is an excellent business for one owner because most classes are held by contracted instructors. The owner is an instructor herself and has developed tremendous loyalty with her clients. She and her family hope to move out of state. The business is perfectly positioned for someone to build on her many successes and 5-Star Yelp reviews.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
1,333
Lease Expiration:
5/1/2019
Employees:
1 FT, 8 Contract
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a lovely 1,300 square foot studio built with soft edges and subtle touches. Customers love coming to classes here. Because most sessions are in the mornings and evenings, a new owner will enjoy having downtime during the mid-day for family needs or business development.
Competition:
Not many businesses yield an annual cash flow of $102,000 on gross revenues of $166,813. That's a cash flow of 62%! And the studio atmosphere is fun, healthy and enjoyable.
Reason for Selling:
Moving Out of State

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Brian Loring

Business Listed By:
Brian Loring

First Choice Business Brokers- San Fernando Valley

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