Business for Sale

Upscale Women's Gym & PT Biz Sherman Oaks

BizEx58-ML

Background

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

Return to Listings




Miles M. Logothetis
Business Broker
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 105
Direct: (310) 919-7477
Lic#: 01406738