Voted best club with reviews!

Los Angeles County, CA

Seller Financing Available
Voted best club with reviews!
Contact Seller

Asking Price: Get Financing: $50,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $70,000

Inventory: $2,500

Lease Rate: N/A /SF

Established: 2014

Voted best club with reviews!

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Business Description

The club is NEW, well run and easily managed. When touring the club, the first thing you'll notice is how clean, fresh and new the facility shows. Great build out and high end equipment! Excellent opportunity for a fitness, group-x, yoga, pilates and or other healthy enthusiast. Looking to own your own business? Use your 401(k) as a down payment and seller financing. This is a fitness only facility, with lots of great programming. It is completely integrated into the community and strategically located. There are no equipment leases to assume, all in great condition and working order. Very few clubs in today's economy have as much to offer as this club. The club is less than 4000 square feet, but has ample parking. This club caters to the elite and offers clientele a high end facility experience.

Assets (approx)
Build out: $40,000
Furniture and fixtures: $25,000
Equipment: $10,000
Soundproofing: $30,000
Electronics: $2000

Total assets: $107,000

Average revenue: 22k
Average costs: 17k
Manager makes $4000/month, owner operator could take that job and reduce overhead.

50k cash

Or

25k down and 2500/mo for 12 months.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
PRICED REDUCED TO $50,000! Located in one of the healthiest communities in America! The club is NEW, well run and easily managed. When touring the club, the first thing you'll notice is how clean, fresh and new the facility shows. Great build out and high end equipment! Excellent opportunity for a fitness, group-x, yoga, pilates and or other healthy enthusiast. Looking to own your own business? Use your 401(k) as a down payment and seller financing. This is a fitness only facility, with lots of great programming. It is completely integrated into the community and strategically located. There are no equipment leases to assume, all in great condition and working order. Very few clubs in today's economy have as much to offer as this club. The club is less than 4000 square feet, but has ample parking. This club caters to the elite and offers clientele a high end facility experience.
Competition:
Excellent high end market area.
Financing:
$25, 000 down / 2500 month for 12 months.
Support & Training:
As needed and negotiated.
Reason for Selling:
Absentee run.
Contact Seller

Contact the Seller

(from currently available funds)
 
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Todd Lipton

Business Listed By:
Todd Lipton

Todd D. Lipton

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