Profitable Group Fitness Gym

Listing ID: 700245046

Listing Title: Profitable Group Fitness Gym

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Industry: Health and Medical

Industry Segment: Health Clubs and Spas

Country: United States

State / Province: California

Area Southern California - Los Angeles Area

City: Los Angeles

Asking Price Range: $250K - $500K

Gross Revenues: $494,000

Cash Flow: $145,453

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2013

Number of Employees: 4 - 5

Business Description:
Profitable Group Fitness Gym for sale in West Los Angeles with strong recurring revenue model and 800+ members (220 recurring). Gym is located in prominent location on long-term lease well below current market rates. Ample employee and guest parking included. Business currently being run by owner who spends 5 hours per week in the business. Significant upside opportunity for new owner ready to devote time and resources into marketing. Company had developed a unique and proprietary training curriculum related to high intensity interval training. Use of curriculum and brand to be transferred with acquisition. Business located on ground floor of prestigious West LA office building in midst of high income residents and professionals. The Company currently leases 2,912 square feet for $8,751 per month ($3.00/square foot), modified-gross. The lease expires on January 2019 but has an additional three-year extension option.

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