Fully Absentee Profitable Gym For Sale

Listing number: 60290

Location: Downtown LA

Year established: 2014


This established gym offers a passive income opportunity with growth potential. Operating since 2014, the 8,700 sf property includes a 5,500 sf indoor facility and 3,200 sf of outdoor space, presenting opportunities for expansion (training areas, recovery services, or additional revenue streams like events). Fully managed by an experienced director, the gym requires zero day-to-day involvement from its owners, who have been completely hands-off. With 400-500 active members paying $125/mo, the business generates consistent revenue between $650K–$790K, with NOI reaching up to $130K. High-value equipment, includes 16 squat racks, 11 benches, and 6 deadlift platforms, this gym is a true turnkey investment.


Asking price: $650,000

Adjusted net income: $87,687

Revenue: $656,522

 

Lease information

  • Total rent: $9,000 
  • Sqft: 8,700
  • Lease ends: 6/2029

Asset information

  • Equipment/Fixtures: $250,000

Additional information

  • Employees: 9
  • Training: 2 weeks
  • Reason for selling: New Ventures


Jordyn Williams

For more information or to inquire about this business contact Jordyn Williams