Profitable, Turnkey 12,000 SF Fitness Center

Asking Price$499,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$635,969

InventoryNot Disclosed

FF&E$160,000
Included in asking price
Real EstateNot Disclosed

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Profitable, Turnkey 12,000 SF Fitness Center


Asking Price$499,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$635,969

InventoryNot Disclosed

FF&E$160,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Profitable, Turnkey 12,000 SF Fitness Center
LISTING ID # 37300

Profitable, Turnkey 12,000 SF Fitness Center - 29-Year Established Business! Opportunities like this rarely come to market. This is an immaculate gym in the heart of a tight knit, Suffolk County town. They offer a full slate of services including traditional EFT memberships (stable and predictable), well maintained equipment, one-on-one personal training and a wide array of group fitness classes. The ownership and staff are phenomenal, with one full-time, one part-time owner and 11 part-time employees. In the past year the business grossed $635,969 with a total owner benefit of approx. $158,659. The landlord will offer a well-qualified buyer a long term lease starting at $12,500/mth. This gym must be visited to be appreciated. We are seeking a serious and financially-qualified buyer with at least $350K in liquid funds. Proof of funds will be requested prior to a buyer-seller conference call or meeting. All meetings must be scheduled by appointment only!
About the Business
Years in Operation
29
Employees
12 (1 Full-time, 11 Part-time)
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train
Financing Options
350,000.00 Down & $149K over 4 yrs. @ 7%.
Listing Info
ID
2449484
Listing Views

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2449484 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.