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Listing ID: 2626282

Luxury CrossFit Gym For Sublet Or For Sale

2222 Morgan, Harris, Texas, United States

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 250k to 500k

Cash Flow: $ 100k to 250k

Business Description

Gym Sublet / Sale
I’m looking to pass the torch to someone hungry enough to take GymBowie | CrossFit Live Oak to the next level.
I’m reposting this offer after some really strong interest. To sum it up: Financially stable box on prime real estate in Houston being offered for sale with provisions of buyer coming in as a subtenant (I stay stay on current lease).
Rent is 10K/month gross rent with down payment of $40k. Huge upside potential. Suggested lease term is 5 years with 5 year extension. Equipment, IP, branding, coaches, etc all turned over to buyer. Owner willing to stay on board as needed. Qualified buyers need to show existing experience in operations as well as pass underwriting process.
I would also consider a strategic partnership under the most compelling scenario.
The community interest has been great so far, but the perfect match hasn’t happened yet. Please feel free to share offer to interested parties .

http://gymbowie.com/offering/

Property Details

Property Type:

Real & Lease

FF&E:

$ 50,000

Inventory Value:

$ 2,000

Real Estate Value:

$ 100,000

BusinessForSale.com

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