printContact Information
Steven Benson
Broker
VR Business Brokers
phone: (714) 375-7175 x 105
CONTACT US
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| Status | Active |
|---|---|
| Listing ID | 13790003 |
| Listed Price | $285,000 |
| Down Payment | $285,000 |
| SDE | $120,000 |
| Total Sales | $514,000 |
| Non-Compete Years | for 5 years |
| Non-Compete Radius | 5 miles |
| Asset Info | |
| Furn., Fixtures & Equip.† | $250,000 |
|
† Included in price |
|
Reason For Sale
Corporate Divestiture
Operations
| Year Established | 2007 |
|---|---|
| Form of Ownership | LLC |
| Absentee Owner | N |
| Franchise | N |
| Days & Hours | M-F 5am - 10 pm S&S 7-7 |
| Years Owned | 5 |
| Business Age | 5 |
Location
Riverside County| Type of Location | Free Standing |
|---|---|
| Lease Expires | |
| Security on Lease | |
| Location Comments | Seller will give long term lease |
Executive Summary
Business Description
Excellent well established fitness center. Fully equipped with top of the line equipment. Full time in house manager. $120,000 Discretionary earnings for working owner or $85,000 earnings 100% help run. Strong client base. Most clients sign up for monthly fees to be automatically drafted from their account. 8500 sq. ft. Large variety of classes given each week many by independent instructors. No major competitors near by. Great reputation. Price includes over $250,000 in equipment and improvements.
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