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

Health / Fitness Center & Gym

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $495000
Net Profit / Cash Flow  $207760
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  1 - 3
Inventory  1000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Seller is looking into other ventures

Description  
Suffolk East end fully & well equipped private fitness center and gym with day care. This gym is established over 5 years and does no advertising and still has over 1200 active members. Equipment cost over $450k 5 years ago. This Gym has a ten year lease plus 2 five year options. Extra space available if buyer wishes to expand present size or add physical therapy and rehabilitation center. They offer state-of-the-art equipment cardio, flexibility and strength training equipment by brands including Cybex, Startrac, Hammer Strength and Life Fitness. The equipment is suitable for adults, seniors, teens, youths, and athletes. Parents can drop their kids off at our child care center while they work out, and check in on them with tvs located throughout the facility. Parking is plenty full prime triple AAA location. Must see. There is a 20 year lease and buyer can double size of present gym. **Price has decreased to 425k. Sales has increased to 38k per month or 456,000 per year. Only place in town for quality gym, closest competitor just recently closed, membership migrating to this gym.


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