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Sherman Oaks

  • Listing No.: 130-00174

  • Category: Fitness

Asking Price $59,000
Down Payment $59,000
Gross Revenue $172,317
Total Adjusted Net Income $11,123
Equipment / Fixtures $13,000
Year Established 2011
General Location Sherman Oaks
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Established Fitness Studio in Sherman Oaks featuring a vibrant and loyal client community, motivating atmosphere, and knowledgeable veteran staff! Why spend the time, money, and effort to build a new fitness studio, when you can take advantage of this turn-key operation with committed clients on annual memberships, monthly memberships and class packages! This studio features multiple classes that help clients achieve their fitness goals. In addition, all the instructors are certified to teach the classes. The studio has a robust online presence, including a large and engaged social media following, and countless stellar online reviews. The studio is located in an active and high population density community in a prime Sherman Oaks location. This opportunity won’t last long! Please call immediately for more details!

Gross Revenue $172,317 Listed Price $59,000
Total Income $11,123 Down Payment $59,000
Base Rent $3,377 Square Feet 1200.00
Total Rent $4,042 Lease Expiration 4/2021
Rent Deposit $3,540 Lease Options
Inventory $1,000 Leasehold Improvements $15,000
Equipment / Fixtures $13,000 Other Assets Awning/Signage $2,000, Supplies $500
Full-Time Employees 0.00 Training Period 30 Days
Part-Time Employees 9.00 Special License Required Seller's Permit
Contract Staff 0.00 Reason for Selling Focus on Expanding Family

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.