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Spring

  • Listing Number: 145-21292

    Category: Fitness

Asking Price $500,000
Down Payment $400,000
Gross Revenue $339,121
Total Adjusted Net Income $99,576
Equipment / Fixtures $200,000
Year Established 2014
General Location Spring
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We are a profitable and easily-accessible private 24-hour fitness center serving The Woodlands, Spring & Tomball. We have state-of-the art cardio equipment, weight machines and free weights, including a large range of dumbbells and plate weights. Conveniences for members and guest include private showers & bathrooms, towel service and free wi-fi. Highly certified personal trainers are available. We were profitable throughout the pandemic and we have a loyal, mature membership base. We are poised for continued growth.

Gross Revenue
$339,121
Listed Price
$500,000
Total Income
$99,576
Down Payment
$400,000
Base Rent
$5,100
Square Feet
3425
Total Rent
$6,607
Lease Expiration
12/2023
Rent Deposit
$4,808
Lease Options
1/5 years
Leasehold Improvements
100000
Equipment / Fixtures
$200,000
Other Assets
Weight machines, free weights and other fitness equipment
Training Period
2 weeks
Contract Staff
7
Reason for Selling
Focus more time and energy on other business opportunities

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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