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Franchise Fitness Center - Training, Classes & More
Location: United States -> New York
Industry: Health and Medical > Health Clubs and Spas




Business Summary

Asset Sale - 18,000 SF Gym In Great Location - Only $299,000

This is a beautifully built out, operational, 18,000 sf gym in a great location on Long Island. It is currently part of an international franchise but can be converted to independent gym. They
offer a full-service, premium experience loaded with classes, equipment and amenities on a grand scale. Revenue streams include memberships, retail and personal training. Classes include spinning, yoga, boxing, kickboxing, mixed martial arts, HIIT, Brazilian Ju Jitsu and more for both adults and youth. Amenities include check-in lounge & retail store, turf training area, boxing/kickboxing bags, cardiovascular training, spinning room, childcare/party room, outdoor area, strength training equipment, personal training, Olympic lift platforms, functional equipment, free weight room, bag room, offices and large, country club-style locker rooms. Includes $1,000,000 buildout and $500,000 in furniture fixtures and equipment.

Hours: Monday-Friday 6am-10pm. Saturday & Sunday 7am-7pm.

Reason for Sale: Owner needs to focus on other businesses.

This opportunity is offered at $299,000.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $500,000
Seller Financing:  Yes

About The Business

Year Established:  2016
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  partner disagreement




Print Listing Id: 700322564
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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