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Established Boxing Transformation Gym for sale

Glendale, CA
Boxing Transformation Gym
Asking Price:$75,000
Gross Revenue:$300,000
Rent:$6,900/Month
Established Year:2022
Cash Flow:$84,000
Inventory:$1,000
FF&E:$80,000
Listing ID: 2250244Listing provided by BizBuySell
BUSINESS DESCRIPTION

Motivated Seller:

Established, profitable boxing transformation gym in high end family friendly neighborhood. This is a growing business with huge upside potential. This is a huge opportunity for the right person or team.

You must have a very strong financial profile with a net worth over 1,000,000 and experience in the fitness business. This is a must in order for the landlord to allow you to assume the lease.

We currently have 100 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. You will step into a profitable business with a huge upside for a fraction of what it would cost to start this type of business.

DETAILED INFORMATION
Location
Glendale, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
15/02/2027
Employees
4
Furnitures, Fixture & 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 there 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
Pros: Opening up a boutique gym or franchise gym will typically cost you between 300-500K and you will have no clients. This gym is already operational and profitable. There is a huge upside potential for this location.The kids program alone could drive revenue because of the fact there is nothing like this in the area. This business could easily double in size. Cons: You must have a strong financial profile in order for the landlord to allow you to assume the lease. Net worth over 1 million, reserves, strong income and credit is a must.
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. The plan is for the staff to transfer over with the new ownership as well. If you do not provide a phone number I will not respond to you.
Reason for Selling
Pursuing other business ventures and commute is over 2 hours
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