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  • Listing No.: 130-00220

  • Category: Fitness

Asking Price $79,000
Down Payment
Gross Revenue $463,865
Total Adjusted Net Income $83,888
Equipment / Fixtures $125,000
Year Established 2016
General Location Chatsworth
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Don't miss this fantastic opportunity to own a profitable turn-key business with a fantastic reputation - 4.5-star rating on Yelp! Located in the highly sought after "Valley" in Los Angeles, this popular franchise knows how to help people struggling to get results when it comes to losing weight!  This is not your "average" gym!  Program consists of group training with dynamic interval workouts, nutrition and supplement plans, highly qualified trainers, and a ton of positive emotional support. The owner has been operating the business for 4 years. Everything is already in place and ready for you to take over! Call today for additional information as this opportunity will not last long at this price! 

Gross Revenue $463,865 Listed Price $79,000
Total Income $83,888 Down Payment
Base Rent $9,000 Square Feet 7350
Total Rent $9,441 Lease Expiration 2/2023
Rent Deposit $15,000 Lease Options
Inventory $3,675 Leasehold Improvements $37,000
Equipment / Fixtures $125,000 Other Assets
Full-Time Employees Training Period 14 Days
Part-Time Employees 9 Special License Required None
Contract Staff Reason for Selling Seller is tired, lives too far from business

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.