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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$70,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Turnkey Boutique Gym - Fully Upgraded, Prime Opportunity. Seize the opportunity to own a fully operational boutique-style gym perfect for fitness entrepreneurs or investors looking for a low-barrier entry into the health and wellness industry. This is a time-saving turnkey acquisition that allows you to hit the ground running, bypassing the time, cost, and stress of starting from scratch. Key Features: 1. Established Business with Book of Clients: Serious buyers will gain access to a detailed book of business upon signing a Non-Disclosure Agreement (NDA). Start with an existing client base and revenue stream from day one. 2. Fully Upgraded Leasehold Improvements: Brand new shower facilities, recently installed high-efficiency hot water heater, Modern changing rooms with upscale finishes, 3. Sub-Contractor Network in Place: The gym comes with pre-existing subcontractors, including personal trainers and instructors, keeping service continuity seamless. 4. Additional Office Space: Extra rooms on-site allow for potential subleasing to health professionals such as massage therapists, nutritionists, or physiotherapists, opening doors to additional income streams. This is an excellent opportunity for a hands-on operator or investor to capitalize on an existing structure with significant leasehold upgrades and operational infrastructure. Save months of setup time and step into a professional environment that's already making money. (id:39198)
Location
Province
Ontario
City
Vaughan
Address
Edgeley
Postal Code
L4K3Y8
Location Highlights
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Listed by
RE/MAX NOBLECORP REAL ESTATE Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
2,122
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$70,000
Asking Price
$70,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
2,122
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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