Semi-Absentee Global Fitness Franchise - 2 Locations

Los Angeles

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The fitness industry is on the rise! This is a chance to own two premier fitness gym locations that are turnkey and absentee operated! With a combined membership base nearing 1,000 members, these two locations benefit from strong local demographics and significant support systems from the franchisor, a top recognized global brand in boutique fitness. The business has spacious, modern facilities and is fully staffed with both management and certified coaches. This combination creates a dynamic and motivating atmosphere that attracts new members and retains current ones. Both locations are in high per capita income neighborhoods, located off major thoroughfares in high traffic shopping centers. The foundation is set for a buyer to leverage their investment and expand. This is an ideal opportunity for experienced buyers already in the fitness industry or for those looking to own their first fitness business. Don’t miss this unique opportunity—contact us today at 310-265-3697 or email claudia.castro@fcbb.com.

Listing Number:

23707

Category:

Fitness,Franchise/Licensing,Service - Personal B2C

Location:

Los Angeles
$1,750,000

Financial Information:

Gross Revenue:

$1,933,057

Listed Price:

$1,750,000

Down Payment:

$0

Total Income:

$352,902

Year Established:

2014

Lease Information:

Square Feet:

6521

Total Rent:

$27,943

Lease Expiration:

03/2027

Lease Options:

1 and 6 years

Asset Information:

Leasehold Improvements:

$1,200,000

Equipment / Fixtures:

$310,000

Inventory:

$6,000

Other Assets:

n/a

Additional Information:

Full-Time Employees:

4

Part-Time Employees:

13

Special License Required:

n/a

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Other Business Interests / Relocation / Retirement

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First Choice Business Brokers

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.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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brokerPhoto
Claudia Castro
Office: | Cell: (310) 265-3697
License #: 01425889

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Semi-Absentee Global Fitness Franchise - 2 Locations
Los Angeles

Listing Number:

23707

Category:

Fitness,Franchise/Licensing,Service - Personal B2C

Location:

Los Angeles

Listed Price:

$1,750,000
brokerPhoto
Claudia Castro
Office: | Cell: (310) 265-3697
License #: 01425889
The fitness industry is on the rise! This is a chance to own two premier fitness gym locations that are turnkey and absentee operated! With a combined membership base nearing 1,000 members, these two locations benefit from strong local demographics and significant support systems from the franchisor, a top recognized global brand in boutique fitness. The business has spacious, modern facilities and is fully staffed with both management and certified coaches. This combination creates a dynamic and motivating atmosphere that attracts new members and retains current ones. Both locations are in high per capita income neighborhoods, located off major thoroughfares in high traffic shopping centers. The foundation is set for a buyer to leverage their investment and expand. This is an ideal opportunity for experienced buyers already in the fitness industry or for those looking to own their first fitness business. Don’t miss this unique opportunity—contact us today at 310-265-3697 or email claudia.castro@fcbb.com.

Financial Information

Gross Revenue:

$1,933,057

Listed Price:

$1,750,000

Down Payment:

$0

Total Income:

$352,902

Year Established:

2014

Lease Information

Square Feet:

6521

Total Rent:

$27,943

Lease Expiration:

03/2027

Lease Options:

1 and 6 years

Asset Information

Leasehold Improvements:

$1,200,000

Equipment / Fixtures:

$310,000

Inventory:

$6,000

Other Assets:

n/a

Additional Information

Full-Time Employees:

4

Part-Time Employees:

13

Special License Required:

n/a

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Other Business Interests / Relocation / Retirement

First Choice Business Brokers

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.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.