This listing is: Off Market
Background
| BizEx ID: | BizEx58-ML |
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| General Location: | Sherman Oaks, CA |
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| Category: |
Gym, Physical Fitness
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| Years in Business: | 5 |
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| Under Present Owner: | 2 |
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| Hours of Operation: | 7 days/week |
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| Owner Hours: | Full Time |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 5/31/2009 |
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| Lease Options: | One option of 36 months |
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| Building Size: | 1,325 |
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| Employees: | 4 |
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| Reason for Sale: | Pursue other opportunities |
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Financials
| Asking Price: | $62,500 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $112,432 |
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| Discretionary Cash Flow: | $22,665 |
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| FF&E: | $20,000 |
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| Inventory Included? | |
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| Inventory: | $500 |
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| Min. Operating Capital: | $9,420 |
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| Real Estate Available? | No |
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| Rent: | $3,895 |
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| Payroll: | $1,099 |
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| Financing: | Call |
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