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Northwest Las Vegas

  • Listing No.: 101-16236

  • Category: Fitness

Asking Price $69,000.00
Down Payment
Gross Revenue $174,191.00
Total Adjusted Net Income $41,808.00
Equipment / Fixtures $40,000.00
Year Established 2014
General Location Northwest Las Vegas
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Seller states: This is an opportunity to purchase an established fitness gym opened 24 hours in the Northwest area of Las Vegas. Seller works 5 hours per week. Members can sign up in person or online. 1 part-time manager who is an independent contractor trainer. Excellent equipment. Seller invested approximately $25K in upgrades this year (2020). Members can enter gym at anytime by using the card entry system. Ideal for a person with business experience and marketing skills. Opportunity to add retail sales. Growing residential area. Gross Revenue and Net Profit figures are from 2019. Jan-April 2020 Gross Revenue is down from 2019 due to COVID 19 closure of business on March 17,2020. Please email listing agent with your inquiry or call.

Gross Revenue $174,191.00 Listed Price $69,000.00
Total Income $41,808.00 Down Payment
Base Rent $5,285.00 Square Feet 3000
Total Rent $7,190.00 Lease Expiration 7/2025
Rent Deposit $7,000.00 Lease Options 1 / 5 years
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $40,000.00 Other Assets
Full-Time Employees Training Period 30 days
Part-Time Employees Special License Required Membership Club License and Recreational Facility License
Contract Staff 1 Reason for Selling Wants to focus on other owned businesses

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.