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NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min

Gross Revenue

• $402,864.93 (Most Recent Period)

Seller’s Discretionary Earnings (SDE)

• $76,819.06

Net Income (Before Add-Backs)

• $34,261.83

Add-Backs

• Racks System (Equipment-related): $13,037.24
• Storage Expense: $861.97
• Interest Expense: $13,358.02
• Owner Salary: $15,300.00

Business Summary

This is an opportunity to acquire an established fitness franchise located on Long Island’s North Shore. The studio officially opened in November 2020 and operates from a 2,700-square-foot space in a high-visibility shopping center along NY-25A. The business has developed a strong recurring revenue base with approximately 200 members on autopay. Day-to-day operations are managed by a General Manager and W-2 coaching staff, allowing for semi-absentee ownership. The studio benefits from five-mile territorial exclusivity under a globally recognized boutique fitness brand. All major equipment is owned outright, with the exception of one leased item.

Business Highlights

• Established fitness franchise operating since November 2020
• Approximately 200 members on recurring autopay
• Five-mile territorial exclusivity
• Semi-absentee ownership model in place
• Prime North Shore shopping center location
• Five years remaining on a transferable lease with 3% annual increases
• Majority of equipment owned outright
• No known legal issues or capital improvement requirements
• Classes held from 5:15 AM–10:15 AM and 4:30 PM–6:15 PM

Growth Opportunities

• Increased owner-operator involvement to reduce payroll and increase SDE
• Expanded local marketing and community partnerships
• Increased utilization through class packs, seasonal promotions, and corporate wellness programs

Reason for Sale

The owner has multiple business ventures and is unable to dedicate sufficient time to this location.