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Purchase El Toro Gym. This great opportunity includes over $50,000 of gym equipment and free weights at used equipment pricing. Over $100,000 of gym equipment at new equipment pricing. Equipment is in great condition. Plus, in addition there are thousands of dollars of more equipment in storage that is included if you want to expand the gym at a later date. Take over the prime location in Wasco, Ca. with very low overhead expenses, located right on 7th street in downtown Wasco. Or, move the gym to a new town of your choice. The gym is only a few blocks from the high school. This is an unbelievable opportunity for a Latino individual who is bilingual and loves fitness. With the high asset value of the equipment a small business loan should be easy to attain with good credit. Special grants may be available for Latinos. Also included, fitness training if needed and any other training you might need on running a fitness business.

The reason for selling the gym is my father had kidney failure last year just as he was getting ready to open the new gym. It took all of my father's strength and energy needed to build and run a gym. He just couldn’t get it done. Now he is in critical condition after a valve replacement on his heart. I have returned from my home in Puerto Vallarta Mexico to help sell the gym for my father. This truly is a great investment because of my need for a quick sale.

I am asking for $25,000 cash. My father’s goal when he opened the gym was to gain 200 to 300 members after 6 months with a membership fee of $25 a month providing a gross monthly income of $5,000 to $7,500. I know a healthy and motivated person who loves working out at the gym could build up to 500 members by the end of 1 year with a $12,000 gross monthly income. Currently, there are no members enrolled in the gym. It was run with members paying on a monthly basis because my father feared his health might decrease rapidly. It is always best to sign new members up on 1 to 2 year contracts. This is not an investment opportunity for someone that wants to step into a fully operational gym with thousands of dollars in monthly income. I would ask $200,000 plus for that kind of investment. It is a once in a lifetime opportunity for a motivated individual who has always dreamed of owning a fitness center or muscle gym. There is only one other small gym in town competing for business with a population around Wasco of about 20,000 people.

The overhead is running around $700 a month including all expenses without employees. A loan for $25,000 with reasonable interest should run around $400 a month.
Expect total expenses to be around $1100, plus any advertising expenses you add.
The first goal should be $1100 divided by $25 = 44 members needed. Set the goal for your 1st month at 50 members and build from there. A good goal at 3 months would be 200 members. Then continue a gradual climb to a fantastic goal of 500 members at the end of the 1st year.

For more information please call James at: 661-364-6544 or email at montanabean@yahoo.co­m. Only individuals with good credit or the financial ability to purchase the business inquire please. I am more then happy to show the gym to serious investors. Thank you, James.

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