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Businesses For Sale   >>   Health Clubs and Spas Businesses For Sale

Fitness Club Gym - 10K Sqft - Absentee Run

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $700000
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2010
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Personal

Description  
Fitness Club - Gym - 10,000 sq. ft. RUN ABSENTEE. The owner only comes in one day per week. This is one of the best locations in the NY Metro Area. They are surrounded by over 50,000 residents within a mile. A huge supermarket over 30,000 sq. ft. is coming to the area very soon. There is no competition within a mile. Most members walk or run here daily. In the past year sales were approx. $700,000.00 with a net income of approx. $150,000.00 - Absentee owned. The owner is selling due to his wife's illness. They have over 1,300 active members and stable sales. There is a management team in place. We are seeking a serious and financially qualified buyer with at least $425K in liquid funds. Proof of funds will be required. If you meet the criteria, please call or email Mel Vaz today at 631-909-1095.


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