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Highly Profitable Full Functional Neighborhood Gym
Location: United States -> New York -> New York City Area -> Queens County
Industry: Health and Medical > Health Clubs and Spas

Business Summary

Fully functional health and weight management facility for men and woman. This neighborhood gym is 12,000 square ft and has been serving the community for over 14 years. The facility has Cardio equipment, weight machines, tanning booths, aerobics room, massage therapy, full service juice bar and pro shop, boxing room,spin room, and full locker room with sauna. Currently there are 1,500 members with very little advertising. This will not last so contact today..

Located on a highly traveled Major Queens County road conveniently located off a Major Parkway and surround by several other establishments.

Clean 10,162 square feet in attached building

Lease: $7,000/month - expires 1/1/2024 with 3% increase

Full Blown Fitness Gym has been serving the community for over 14 years.

Currently there are 1,500 members with very little advertising

Limitless and Outstanding opportunities for growth!

This Opportunity Has Tremendous Upside!

Owner has done very little advertising, therefore, with Additional Advertising and Marketing With Incentives Can Take This To The Next Level.

ASKING: $799,000 - Financing: $299,000 for 60 months at 8%. Contact for more information on this Gym for sale.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $900,942
Cash Flow:   $301,564
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  1993
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks training at no cost.
Reason For Selling:  Already committed to another business.

Print Listing Id: 700140441
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