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Business For Sale
UPSCALE WOMEN'S GYM & PT BUSINESS, SHERMAN OAKS
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Asking Price: |
$62,500
USD USA Dollars
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Business for Sale Industry: |
Recreation: Sports, Exercise, Gyms
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Reason for Selling:
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Pursue other opportunities |
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Year Established:
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2004 |
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# of Employees:
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2 Full Time; 4 Part Time |
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Yearly Revenues:
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$112,432 |
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Yearly Cash Flow:
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$22,665 |
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Monthly Payroll:
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$1,099 |
Business for Sale Overview:
For Sale is an upscale women's gym that caters to fitness enthusiast looking for a safe environment with exceptional trainers and quality group activities. The business is located very close to the 405 and 101 freeway in the midst of a vibrant, upscale commercial district. The business is nestled in a commercial district featuring high-rise office buildings with major corporate tenants as well as a vibrant retail community and the Sherman Oaks Galleria. Luxury apartments, condos, and single family residences surround the commercial district.The business generates revenues primarily from membership fees and class enrollment. The business is very close to and has an exceptional relationship with Weight Watchers who regularly refer loyal customers and members. The ideal new owner is someone who understands how to market and promote a service-oriented gym.
Market Competition and Expansion:
Close to and great relationship with local Weight Watchers who refer many loyal new members. Current owner has not had time to actively market and promote the business. A new owner that can properly market and promote the business can easily add 100 more members to the current list, thereby increasing 3 to 4 thousand dollars more net revenue per month at negligible advertising costs.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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