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Southwest Houston

  • Listing Number: 145-21398

  • Category: Fitness

Asking Price $250,000
Down Payment $150,000
Gross Revenue $413,252
Total Adjusted Net Income
Equipment / Fixtures $70,000
Year Established 2020
General Location Southwest Houston
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Owner needs to sell because the general manager has to relocate. Seller financing of $100,000. Down-payment of $150,000.

Well-established boutique fitness studio with dedicated customer base for sale. Own your own studio in the fitness space. Studio is located in a rapidly growing area of central Houston. The studio already has a significant member base and large lead pool and has recurring income from the moment of the sale. Avoid expensive build out process, finding real estate in a crowded market, building customer base and own this hidden gem that is ready for operations and revenue on day one. Studio is fully equipped, trained staff and has built relationships with neighboring properties and businesses. This is once in a lifetime opportunity to own your own business in the fitness industry for much lower cost than building from scratch. Owner finance is available.

Gross Revenue $413,252 Listed Price $250,000
Total Income Down Payment $150,000
Base Rent $7,837 Square Feet 3483
Total Rent $8,640 Lease Expiration 11/2026
Rent Deposit $8,557 Lease Options 0
Inventory $1,000 Leasehold Improvements $170,000
Equipment / Fixtures $70,000 Other Assets $40,000 in audio/visual equipment
Full-Time Employees 1 Training Period One week
Part-Time Employees 21 Special License Required
Contract Staff Reason for Selling Owner is consolidating his business interests to fewer holdings so he has more personal time.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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