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Listing #: 645455 | Status: Available | Last Modified: 11/11/2021
Showing Instructions | |
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Call Listing Agent | Yes |
Use Discretion | Yes |
Listing Information | |
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Listing Date* | 11/10/2021 12:00:00 AM |
Last Modified Date | 11/11/2021 3:22:20 PM |
List Price | 60000 |
Selling Compensation | 2.5% |
Lease expiration | 11/16/2024 |
Selling Exclusions | False |
Lease Information | |
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Monthly Rent | 4567 |
Business Characteristics | |
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Type/Name of Bus | For the Love Of Fitness |
Hours of Operation | M:5-9, T,W,T:11-5, F:7-11, S&S:9-12 |
Days Open | Monday-Sunday |
Year Established | 2018 |
Leasable SF | 1,565 SF |
# of Parking Available | 20 |
Living Quarters | False |
Operating Information | |
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Annual Gross Income | 74862 |
Operating Expenses | 37348 |
Net Profix | 37514 |
Reason for Sale | Fulltime job |
Selling Price Includes | |
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Real Prop | False |
Inventory | False |
Fix & Equip | True |
Bus Phone | 1 |
Trade Name | 1 |
Excl Items | False |
Building Information | |
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Building Name | For the Love of Fitness |
Category | Service |
Address | 0 Undisclosed Seattle, WA 98107 |
County | USA |
Market Area | 100-All Seattle |
# of Employees | |
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Full Time | 0 |
Part Time | 8 |
Documents | |
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Data Avail w/Offer | Yes |
Pft/Loss State #Yrs | 2 |
YTD Offer State | Yes |
Proposed Terms | |
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Seller Term | Yes |
Min Down | 15000 |
Interest | 6.00 |
Please call listing agent. Do not disturb tenants. Selling broker must be present for all showings or 1% commission.
Dreams do come true, whether running your first 5k, obtaining a skill or trade or even owning your own business. This was a dream of the seller and as we all know when dreams become a reality, anything is possible and wow what a dream. Originally when this business was in the concept stage, the seller was envisioning the unique concept that was about to unfold. It was to be developed for the love of music, fitness and straight from her soul to get people out enjoying fitness. Then we all know what happened. The seller spent over $300K in the buildout to get this up and running only to be staring lock down and covid in the face. The seller sat back and said what is happening in this crazy world and how can I move forward?