14230 Chino Hills Parkway , I

    Chino Hills, CA 91709
    • $299,999
    • STATUS: Active
    • ON SITE: 86 days
    • ID#: DW19248924
    UPDATED: 61 min ago
    $299,999
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Huge opportunity to purchase a well established fitness gym in the beautiful city of Chino Hills, California. Please be very discreet, employees nor customers are aware of the sale. Gym+-has a 5 year lease then an option of 5 more years. Currently in the 2nd year of the first five years lease. Gross Lease is about: $10,250 in rent+-with a 3% increase every year. Monthly Gross sales are:+-$11,000 just from all 500 members paying about: $25 per month.+-Large combined space is about: 6,200 sq. ft. Personal training+-equipment is estimated at: $250,000, no leased equipment. All equipment is owned by seller. Seller is very flexible with terms, no financing available by seller. Priced low for a quick sale. If you or your client is interested, please send NDA. Seller paid about: $100,000 for buildout. Gyms sells boxing gloves, shirts, wraps, mouth pieces, sales = About: $500. Net+-Waters, Gatorade, energy drinks = $120. New owner can sell supplements to make more sales/profits.+-Seller currently rents 2 small offices. Massage therapist rents room for:+-$300 per month and is in a 1 year lease which started recently. The other room is rented to one of the trainers for personal/business use. at:+-$200 at month to month. The equipment breakdown is: 14 treadmills, 16 ellipticals 2 stairmasters,+-4 recovery bikes,+-17 piece circuit,+-5 tall punching bags. 1 professional boxing ring which costed about: $10,000. All equipment is about 2 years old.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-01-19T16:26:43.517. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/100249372

    14230 Chino Hills Parkway , I Chino Hills, CA 91709

    • Price: $299,999
    • Status: Active
    • Updated: 61 min ago
    • ID#: DW19248924
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    682 - Chino Hills
    County:
    San Bernardino
    Area:
    682 - Chino Hills
    Property Description
    Huge opportunity to purchase a well established fitness gym in the beautiful city of Chino Hills, California. Please be very discreet, employees nor customers are aware of the sale. Gym+-has a 5 year lease then an option of 5 more years. Currently in the 2nd year of the first five years lease. Gross Lease is about: $10,250 in rent+-with a 3% increase every year. Monthly Gross sales are:+-$11,000 just from all 500 members paying about: $25 per month.+-Large combined space is about: 6,200 sq. ft. Personal training+-equipment is estimated at: $250,000, no leased equipment. All equipment is owned by seller. Seller is very flexible with terms, no financing available by seller. Priced low for a quick sale. If you or your client is interested, please send NDA. Seller paid about: $100,000 for buildout. Gyms sells boxing gloves, shirts, wraps, mouth pieces, sales = About: $500. Net+-Waters, Gatorade, energy drinks = $120. New owner can sell supplements to make more sales/profits.+-Seller currently rents 2 small offices. Massage therapist rents room for:+-$300 per month and is in a 1 year lease which started recently. The other room is rented to one of the trainers for personal/business use. at:+-$200 at month to month. The equipment breakdown is: 14 treadmills, 16 ellipticals 2 stairmasters,+-4 recovery bikes,+-17 piece circuit,+-5 tall punching bags. 1 professional boxing ring which costed about: $10,000. All equipment is about 2 years old.
    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Type Fitness Country Us Exclusions In-body Scan MachineTrademarkCopyright And Logo Of Punch It Up FitnessTank M4 Leasable Area 6200.00 Leasable Area Units Square Feet Number Of Full Time Employees 3 Number Of Part Time Employees 0 Year Established 2017

    Listing provided courtesy of Fernando Spindola of Excellence Re Real Estate and Anthony Amodeo of Platinum Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-01-19T16:26:43.517. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
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