Motivated Seller: Great for a first time buyer.
Established, profitable boxing transformation gym in high end family friendly neighborhood. This is a growing business with huge upside potential. We currently have 130 members with potential to double that number. The sale includes all the equipment ( valued at 70K) and all of the operating systems. Marketing systems and vender list and connections so that you can step in from day one and be ready to drive in more clients. In addition to all of that you will also get ongoing support for at least three months after acquisition.
This is a great opportunity for an owner operator as you could really maximize your revenue if you were onsite on a regular basis. There is an opportunity to assume a low interest SBA loan that is currently in place instead of bringing cash into the deal for the purchase.Ad#:2250244
This is a great opportunity for an owner operator as you could really maximize your revenue if you were onsite on a regular basis. There is an opportunity to assume a low interest SBA loan that is currently in place instead of bringing cash into the deal for the purchase.Ad#:2250244
Detailed Information
- Location:
- Glendale, CA
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 1,300
- Lease Expiration:
- 2/15/2027
- Employees:
- 4
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- The facility is completely equipped with a boxing ring, 8 heavy bags mounted on a custom made bag rig with three aqua bags attached, a full sets of dumbells and kettlebells,medicine balls and slam balls, custom jump ropes and gymnastic rings adn bands, 4 Assault bikes and 4 Ski ergs, Pullup rig, barbell rig and free weights. You also have all office equipment, i-pads, printers and scanner and desks and chairs as well as ll the benches in the gym. Fully equiped and ready to step in on day one and operate.
- Competition:
- Boutique fitness gyms are very popular and transformation gyms that utilize boxing are very unique. The market conditions of this gym are very favorable as it is in a very safe and upscale area of the city. There is a ton of foot traffic and ther are tons of families in the area. As a result of it being such a family friendly area we recently launched a children’s program that is growing very rapidly.
- Growth & Expansion:
- There is a huge upside potential for this location.The kids program alone could drive revenue becaue of the fact there is nothing like this in the area. If you are able to put time into this location it could easily double in size.
- Financing:
- Opportunity to payoff an SBA loan of 70k over 3- 5 months with a down payment
- Support & Training:
- We will give at least three months of support and training to help make sure that you can service all the clients and learn the systems that are in place. Our goals is to make sure that you can take over and expand the business and continue to service the existing clients. The plan is for the staff to transfer over with the new ownership as well.
- Reason for Selling:
- Pursuing other business ventures and commute is over 2 hours
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