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  • Listing No.: 200-00052

  • Category: Fitness

Asking Price $194,500
Down Payment
Gross Revenue $291,300
Total Adjusted Net Income
Equipment / Fixtures $24,000
Year Established 2017
General Location
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This gym has been operating for 2 years with a nice profit each year and continuing to grow.   It is a perfect concept for this area with a nice build out and in a great location in Virginia Beach. Staff and trainers are in place, and owner can just manage if desired. Financing is up to $150,000 for the right buyer.

Gross Revenue $291,300 Listed Price $194,500
Total Income Down Payment
Base Rent $3,091 Square Feet 5300
Total Rent $4,600 Lease Expiration 3/2023
Rent Deposit $3,091 Lease Options 2
Inventory Not Included Leasehold Improvements $100,000
Equipment / Fixtures $24,000 Other Assets Franchise Fee of $30,000
Full-Time Employees 1 Training Period 2 weeks
Part-Time Employees 7 Special License Required
Contract Staff Reason for Selling Other Interest

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.