High Value Fitness Facility Seeks Big Box Buy-Out

Los Angeles, CA
Los Angeles County

Asking Price: Annual Revenue:
$395,000 $400,000

Recreation: Gyms, Health & Fitness, Sports

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RE: High Value Fitness Facility Seeks Big Box Buy-Out Broker: Rick Carlson
License #: 01820673

Quick Facts

Asking Price: $395,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: $76,000
Total Debt: Not Disclosed
FF&E: $325,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 30
BBN Listing #: 831227574
Broker Reference #: 839 Fitness

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Business Overview:

Innovative and profitable fitness club that has capitalized on modern wellness trends like Cross-Ft and HIIT seeks big box player that can better retain transient corporate customers via secondary locations and fully capitalize on this one-of-a-kind, $2 Million facility.

The company’s concept has been to provide competitive fitness programs for a high-end demographic who miss the camaraderie and purpose of playing sports as an adult. The classes and programs were designed for those looking for the sense of community that team sports bring, but also for those looking for results and convenience of a gym membership.

The location includes a built in potential customer base of 5,000 people who work in the high-rise above the facility with even more in adjacent high-rises .

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Property Features and Assets:

Facilities: The 11,200 square-foot space on the ground floor of a full-service corporate complex underwent a major build-out in 2014. The Seller's initial investment along with what the building’s ownership spent is over $2 Million. The result is a one-of-a-kind facility with lots of character, a trendy, hip vibe and all the latest in cardio and weight-lifting equipment that would be impossible to recreate.

Market Competition and Expansion:

Competition: There is one low-end facility within 5 miles along with a few mom and pop boutique faclities with limited hours and capacity. Growth & Expansion: Invest in street-facing signage; continue seeking corporate partnerships in the building, look for ways to expand demographics, expand class offerings and expand retail opportunities.

Reason for Selling:

The investors and principals agree that a national

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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