Business Overview:
This immaculate private gym has it all! Fully outfitted with beautifully maintained brand name commercial grade workout equipment including treadmills, ellipticals, bikes, upper body ergometers, stair stepper, rower, weight machines, free weights, exercise balls, balance boards, exercise mats and much, much more! Complete with an HVAC system, ceiling fans, high-fidelity sound system with in-ceiling speaker network, private shower/changing room and restroom, floor to ceiling mirrors, ballet barre, lockers and tons of storage. As an added bonus, a private and tranquil massage room with its own air conditioning unit and a separate entrance provides an additional revenue stream.
Strategically laid out with roughly 2,000 square feet of thoughtfully organized space, this bright and open facility is located in a busy strip mall that has ample parking in its large lot. It is freeway close and easily accessed off of a main thoroughfare. The landlord is friendly and is expected to offer a new lease to a qualified tenant.
This beauty of a gym is offered at an unbeatable price and is the perfect opportunity for a trainer/entrepreneur looking for a brick-and-mortar location to establish a home base, or for a current gym owner seeking to expand their operation. Please note the current DBA not included so the Buyer should plan to rebrand under their own business name. There is some branding IP that could be included in the sale.
This business is being priced and sold as a Sale of Assets in Place and may have limited or no books and records. Any figures above or in the package are as per the Seller and Broker has not verified. Buyer to complete their own investigation of any available books and records during Buyer’s Due Diligence period and prior to opening escrow.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Mary Doyle at mary@mabusinessadvisors.com or call (714) 396 - 5842 to receive a confidentiality agreement and to learn more about this opportunity.
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Property Features and Assets:
Located in a strip mall in San Fernando Valley near 405.
Market Competition and Expansion:
Few private gyms in the area that are not major chains with high membership costs. New Owner can add marketing to increase customers. Hours of business can also be expanded to increase revenues.
Reason for Selling:
Retiring
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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