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Fitness Center in Riverside County, CA

Listing No: 993944 | Category: Fitness | City: | County: Riverside | State/Prov: California

Photo of 993944

Business Price:
$1,500,000


Down:
$330,000


Gross Revenue:
$936,179


Owner Benefit:
$509,147


EBITDA:
$437,647

Business Description

Established Fitness Center in Riverside County, California. Projected revenue for 2021 is over $936,000 and owner benefit over $509,000, with opportunity for additional growth in both membership and personal training revenue streams. All of the well-maintained strength and cardio equipment is included in the purchase price. In response to Covid-19, the Owner invested over $10,000 in new cleaning equipment, including state-of-the-art air purifiers, for the safety and comfort of the members. Contact us now to learn more about this exciting opportunity!
  • Inventory: $0
  • FF & E: $200,000
  • Lease Total/month: $6,481
    • 01) Base Rent/month: $4,207
    • 02) Triple Net/month: $2,274
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $0
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0

INQUIRE ON THIS BUSINESS


Business Listed By:
Charles Helms
Phone: 407-247-2209
Email: charles.helms@franchiseclearly.com

Contact us today to learn how we can help you!



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