Gym & Fitness Center - Riverside County

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This listing is: Off Market

Background

BizEx ID:BizEx771-TP
General Location:San Jacinto, CA
Category: Gym, Physical Fitness
Years in Business:15
Under Present Owner:7
Hours of Operation:M-F 5am-10pm, Sat-Sun 7am-7pm
Owner Hours:Monday-Wednesday-Friday
Training:None
Organization Type:
Lease Expiration:2023
Lease Options:
Building Size:28,000
Employees:26
Reason for Sale:Pursue other interests.

Financials

Asking Price:$497,000
Down Payment:Negotiable
Gross Sales:$1,224,449
Discretionary Cash Flow:$144,009
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$22,500
Financing:Call

2014** 2013 2012
Gross Sales $ 1,347,417 $ 1,224,449 $ 1,257,008
Gross Profit $ 1,321,939 $ 1,210,910 $ 1,235,484
Disc. Earnings $ 144,009 $ 216,561 $ 178,608

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations