Personal Training & Fitness Studio
Mid City Los Angeles

Private personal training and fitness studio in Mid City Los Angeles offered for sale, generating gross sales of over $525,000 with adjusted net profit of over $100,000. The business operates from a 3,300 square foot facility built out for private training, offering a private, uncrowded training environment with free parking. Revenue is 100% service based from private personal training, memberships and nutrition coaching, and no single client accounts for more than 10% of sales. Three independent contractor personal trainers work from the facility and pay the business for use of the space, so there is no W2 payroll. The lease is transferable with three one year renewal options, and approximately $100,000 in furniture, fixtures and equipment plus $100,000 in leasehold improvements are included. The Seller will provide training. An ideal fit for a personal trainer or boutique fitness operator. Contact us today!

Listing Number:

25917

Category:

Fitness

Location:

Mid City Los Angeles
$339,000

Financial Information:

Gross Revenue:

$529,314

Listed Price:

$339,000

Down Payment:

$0

Total Income:

$103,565

Year Established:

2023

Lease Information:

Square Feet:

3300

Total Rent:

$5,584

Lease Expiration:

08/2027

Lease Options:

3&1 year

Asset Information:

Leasehold Improvements:

$100,000

Equipment / Fixtures:

$100,000

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special Licence Required:

None

Contract Staff:

3

Training Period:

14 days

Reason for Selling:

Moving out of country

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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.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Martin Navarro
License #: CA DRE #02372118

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Personal Training & Fitness Studio
Mid City Los Angeles

Listing Number:

25917

Category:

Fitness

Location:

Mid City Los Angeles

Listed Price:

$339,000
brokerPhoto
Martin Navarro
License #: CA DRE #02372118
Private personal training and fitness studio in Mid City Los Angeles offered for sale, generating gross sales of over $525,000 with adjusted net profit of over $100,000. The business operates from a 3,300 square foot facility built out for private training, offering a private, uncrowded training environment with free parking. Revenue is 100% service based from private personal training, memberships and nutrition coaching, and no single client accounts for more than 10% of sales. Three independent contractor personal trainers work from the facility and pay the business for use of the space, so there is no W2 payroll. The lease is transferable with three one year renewal options, and approximately $100,000 in furniture, fixtures and equipment plus $100,000 in leasehold improvements are included. The Seller will provide training. An ideal fit for a personal trainer or boutique fitness operator. Contact us today!

Financial Information

Gross Revenue:

$529,314

Listed Price:

$339,000

Down Payment:

$0

Total Income:

$103,565

Year Established:

2023

Lease Information

Square Feet:

3300

Total Rent:

$5,584

Lease Expiration:

08/2027

Lease Options:

3&1 year

Asset Information

Leasehold Improvements:

$100,000

Equipment / Fixtures:

$100,000

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

None

Contract Staff:

3

Training Period:

14 days

Reason for Selling:

Moving out of country

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.


Read First Choice Business Broker,
Terms of Use before responding to any ad.