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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:
$1,587,000


Down:
$250,000


Gross Revenue:
$1,215,860


Owner Benefit:
$519,007


EBITDA:
$519,007

Business Description

SBA Pre-Qualified! SBA loans funded prior to 9/27/2020 have no payments or interest for 6 months. A new buyer could potentially save $96,000 the first year with this SBA incentive! Established and profitable Fitness Center in Riverside County, California. Projected sales for 12 months are over $1.2 Million and owner benefit over $500 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 recently invested over $10,000 in new cleaning equipment, including air purifiers commonly used in the Space Station, that kills bacteria and viruses. Please view the company public summary link below for the most up-to-date information about this listing. Contact us now to learn more about this exciting opportunity!
  • Inventory: $0
  • FF & E: $200,000
  • Lease Total/month: $14,405
    • 01) Base Rent/month: $11,305
    • 02) Triple Net/month: $3,100
      • 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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