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Thriving Fitness Center In Ventura County, CA

Listing No: 993415 | Category: Fitness | City: | County: Ventura | State/Prov: California

Photo of 993415

Total Purchase Price:
$1,575,000


Down:
$250,000


Gross Revenue:
$1,271,465


Owner Benefit:
$394,442


EBITDA:
$344,442

Business Description

Rare turnkey opportunity to purchase a thriving gym with highly trained employees and top of the line gym equipment. The gym is located in a desirable area and centrally located within an exclusive retail center. The seller is confident that a new owner can continue to grow this club and is willing to hold a seller’s note to assist with a bank’s required down payment. All of the gym equipment is relatively new and generously included in the sales price. Contact us now to fulfill your business and fitness dreams!
  • Inventory: $0
  • FF & E: $185,000
  • Leasehold: $0
  • Lease Total/month: $37,613
    • 01) Base Rent/month: $29,934
    • 02) Triple Net/month: $7,679
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $0
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0
  • Square Footage: 7,241
  • Building Type: Retail Center
  • Terms & Options: Two - 5 year options; Expiration Date: 8/1/2025

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