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South West Las Vegas

  • Listing No.: 140-00056

  • Category: Fitness

Asking Price $597,000
Down Payment $447,000
Gross Revenue $585,000
Total Adjusted Net Income $225,000
Equipment / Fixtures $150,000
Year Established 2010
General Location South West Las Vegas
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Ten year old health and fitness center open 24/7 with strong and loyal customer base. This center has top personal trainers, fun fitness classes, member tanning, Infared Sauna, sports nutrition/diets, sport supplements, and a smoothie bar. Focus of the club is to work with professional and non-professional athletes as well as mainstream members. Gym equipment is very high quality and continuously maintained. This state-of-the-art health club is completely turnkey and if you're looking for the perfect low cost entry to a profitable fitness center, this is for you. Please call Listing Agent for more details.

Gross Revenue $585,000 Listed Price $597,000
Total Income $225,000 Down Payment $447,000
Base Rent $14,000 Square Feet 6500
Total Rent $14,000 Lease Expiration 3/2022
Rent Deposit $11,000 Lease Options
Inventory $1,500 Leasehold Improvements $250,000
Equipment / Fixtures $150,000 Other Assets
Full-Time Employees 4 Training Period 1 week
Part-Time Employees 2 Special License Required
Contract Staff 15 Reason for Selling Seller opening up another business

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.