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Businesses For Sale   >>   Long Island Businesses For Sale   

Large Gym & Fitness Center

Location  Long Island, New York, United States
Asking Price Range  $250K - $500K
Gross Revenues  $450000
Net Profit / Cash Flow  $75000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2006
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  
Long Island Branded Gym & Fitness Center for sale. This was redone with some new equipment including full state of the art remote security system. Non experienced seller now has 1400 active members and is still growing! This 10,000 sq.ft. facility is filled with state of the art workout equipment, cardio machines, free weights, boxing, and personal training. Gym offers affordable rates, friendly & professional staff. Must see to appreciate. Full staff in place. A hands on owner who is P/T will earn a much larger cash flow. This profitable gym includes over $250,00 in updated equipment. Seller states gym is grossing about $350k plus about $75k on their juice bar. Gym has good traffic count of about 350 people per day! Please note this gym presently makes no money on personal training. There is lots of room for growth. It has a low rent of about $7400 per month and a great lease. Financials provided by seller on request. Please provide proof of funds. Contact broker Jim Aloi 1-877-735-5224.


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