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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:
$1,650,000


Down:
$330,000


Gross Revenue:
$1,181,610


Owner Benefit:
$665,164


EBITDA:
$593,664

Business Description

SBA incentives for fees and payments in place for new loans approved through September 30, 2021! Established Fitness Center in Riverside County, California. Projected revenue for 2021 is over $1.1 Million and owner benefit over $600 Thousand, 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

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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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