Franchise Juice Smoothie In La Fitness Gym Lobby For Sale

Business description

Summary Description

Brand new LA Fitness opened in 2007 and this juice and smoothie bar was built out from scratch with all high-end fixtures furniture and equipment at a purchase price of $140,000 for all the fees and rights to do business on the premises. Has 6 years left on lease, with 10 year options available at $1,250 per month. Ideal for family owned operation, which is the status currently, so no payroll costs. Minimal other expenses besides COGS @30% + Rent, as all utilities are included from within gym confines, no phone. It's an awe-inspiring gym. Seller comments that they are not open at all times of the gym, so this is an incomplete revenue picture. Gym hours are 5 a.m. to 12 a.m. M-F and 8-8 on Sat/Sun. 6% royalties forwarded to franchisor. Franchise transfer fee TBA, hopefully zero but will be disclosed upon accepted offer. Broker is not in possession of UFOC at this time. NDA is required for exact business address and to schedule an appointment.

General Information

Facilities: Is about a 600 square feet carve out of the main lobby of a ginormous 4 years new LA Fitness in Riverside County.

Competition: None, you have a captive audience morning, noon, and night. Consistent traffic and membership at this gorgeous high-end gym that attracts higher-net worth clientele.

Growth and Expansion: Price point was a bit on the high side, but this Broker tends to be cheap so that's more hearsay than anything.

Support/Training: 2 weeks, very straight forward operation.

Reason Selling: Other business interests.

Year Established: 2007

Employees: 0

Please contact Rick Carlson by clickiing on the contact seller button below.

Property information

Real Estate:

Lease