Upscale Women's Gym & PT Biz Sherman Oaks

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Background

BizEx ID:BizEx58-ML
General Location:Sherman Oaks, CA
Category: Gym, Physical Fitness
Years in Business:5
Under Present Owner:2
Hours of Operation:7 days/week
Owner Hours:Full Time
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:5/31/2009
Lease Options:One option of 36 months
Building Size:1,325
Employees:4
Reason for Sale:Pursue other opportunities

Financials

Asking Price:$62,500
Down Payment:Negotiable
Gross Sales:$112,432
Discretionary Cash Flow:$22,665
FF&E:$20,000
Inventory Included?
Inventory:$500
Min. Operating Capital:$9,420
Real Estate Available?No
Rent:$3,895
Payroll:$1,099
Financing:Call




Miles M. Logothetis
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 105
Direct: (310) 919-7477
Lic#: 01406738

OFF MARKET

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