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Harris County- Texas

  • Listing Number: 145-21722

  • Category: Fitness

Asking Price $150,000
Down Payment
Gross Revenue $190,316
Total Adjusted Net Income
Equipment / Fixtures $160,000
Year Established 2018
General Location Harris County- Texas
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The expenses associated with opening an training group fitness studio can be summarized in the following categories: lease and franchise agreement, franchise fee, permits and studio build-out, signage, exercise equipment and furniture, pre-opening marketing and operating expenses during pre-opening phase and grand opening. See Business Summary for full details. Total cost of opening a new Training Studio: $500,000-$600,000 "Asking price for Training Studio: $150,000.

Gross Revenue $190,316 Listed Price $150,000
Total Income Down Payment
Base Rent $8,512 Square Feet 2750
Total Rent $11,061 Lease Expiration 11/2023
Rent Deposit $10,858 Lease Options 1 / 5years
Inventory Not Included Leasehold Improvements $255,000
Equipment / Fixtures $160,000 Other Assets Fully Functional Website
Full-Time Employees Training Period 14 days
Part-Time Employees Special License Required
Contract Staff 9 Reason for Selling To focus on other businesses

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.

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