Gym and Fitness Center

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$50,000 Not Disclosed

Recreation: Gyms, Health & Fitness, Sports

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RE: Gym and Fitness Center Broker: Andre

Quick Facts

Asking Price: $50,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 728049686
Broker Reference #: 3151

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Business Overview:

Owner has an extensive background in fitness and created this marvelous gym to be his masterpiece. Created to be unique and inviting, it was designed all custom. Done with the the help of the best architects. He spent over $500,000 in the build out. Everything is creative and pristine, from the colors to the layout and the lighting. Providing a modern and comfortable vibe. Spacious work out classes with high ceilings throughout, entrance has 10 foot doors.
Excellent location. Upscale area and supper busy. Soon to be busier with a new metro stop next door that is currently in construction. All entitlements and assets included in the sale. Equipment list to be provided. (bikes are leased). Business is zoned for use of a gym. The only one in the Mid-Wilshire area. Includes: Name, website, contacts, and a database of almost 10,000 people. Parking of 250 cars behind the building.

Business hit its peek in 2019 at $720,000 in sales. Top instructors with almost all classes full. 100 paid monthly memberships, $250 each. Classes would consist of spin (bike) and boot-camp or combo of both. $30 per class for 45 min.

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Reason for Selling:

Covid hurt the business & was not able to recover.

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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