Profitable fitness center $365K Real estate available for $2M
 
Profitable fitness center $365K  Real estate available for $2M
, 10000 SQ FT, 1 ACRE(s)
$ 2,000,000

Zoning -CR * Interior Sq ft: 10,000 on a Level 0.84 acres (36,590 SqFt Lot ) The building's current use is a lucrative custom fitness center. It is perfect for an individual or partnership who is interested in owner operator and owning the building too.The health club business and the building can be purchased concurrently.The Income and expense figures, FFE list are available with signed NDA.The building is fully equipped with exercise and strength training equipment exercise rooms,locker rooms ,office spaces and more . For the purchase of the building as an investment , Gross Scheduled Income of $144K offers a Cap Rate of 7%. The building and the business have been approved for a new loan thru Wells Fargo SBA fitness center ownership in a custom designed building which is strategically sited for visibility. The business is available for purchase with viable SBA finance loan with a strong downpayment. This California based firm enjoys high revenues all year round due to its mild climate and desirability. Some degree of business background and general management experience is also helpful to run this lifestyle business. If you are interested in learning more about this unique business and or commercial real estate ownership on the Central Coast of California , Please Contact Antoinette Payne ( BRE# 01047029 )for more information at 415-948-4629 or 805-234-7890. Alternatively, the building could be purchased and then converted to office space for the city,county or state government offices, allopathic medical center or holistic independent health care center for professionals such as physical therapists, nutritionists, Ayurveda practitioners ,meditation rooms, etc . The building is fully equipped with exercise and strength training equipment , sauna , exercise rooms and office space. The complete FFE list is available upon request.

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:: Profitable fitness center $365K Real estate available for $2M


Out Of Area, CA

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