Boxing, Thai Boxing, Kickboxing, Crossfit, Gym

Cherokee County, GA

Seller Financing Available

Asking Price:$269,000
Rent:$2,320/Month
Established Year:1999
Gross Revenue:$90,000
FF&E:$250,000
BUSINESS DESCRIPTION

Well Established 25 Year Old Business

Business has been a community stable for the last 25 years ( 15 years at this location).

#1 Google search result for this use.

Current membership is focused solely on boxing. Tremendous opportunity to expand and build on an existing foundation.

Currently operating at $60K annual profit (excluding cash) while operating Weekdays ONLY from 4:30pm to 8:00 pm and CLOSED Weekends.

Reason For Sale:
Owner retiring at age 69.
Rent & Lease Term :
Well below market lease agreement@ $2320 rent per month all-inclusive for 4359 ft space with predetermined options.

The owner has never spent a dime on advertising. Current membership by word of mouth only.

Opening Hours - Expand the operating hours to include early and late mornings , lunch times , early afternoons and weekends.

Services: Offer  CrossFIT , Brazilian Jiujitsu , self defense , Wrestling, MMA , kids as well as ladies classes.

Financing :
Owner financing is available for a suitable buyer.


DETAILED INFORMATION
Location
Cherokee County, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,359
Lease Expiration
29/08/2028
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Barbells, weights, bars, boxing ring, lockers,
Competition
EXCELLENT
Financing
Seller will offer owner financing to a suitable candidate
Support & Training
Owner will provide transitional training for new ownership
Reason for Selling
Retirement
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Josh Ahlzadeh
Josh Ahlzadeh