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Lower Manhattan Gym
Location: United States -> New York -> New York City Area
Industry: Health and Medical > Health Clubs and Spas

Business Summary

Well-established lower Manhattan gym on prime high-traffic thoroughfare. 7000 sq ft with free weights, resistance equipment, stationary bikes, step machines, treadmills variable resistance machines, tanning beds, stretching area showers and juice/snack bar. Current owners put 500k in improvements into gym. Many machines unique to this establishment. Services at the Gym include Personal training, Tanning, Smootie and Juice Bar, Nutritional Counseling, Towel Service, Diet Management.

Facilities: Modern State of the art fitness and weight training gym in prime lower Manhattan neighborhood. Well established since 1997 with 880 members. Equipment includes Body Masters, Life Fitness, Stair Master, Hammerstrength, Blutt Blaster, Tk Star, Cybex, Icarian, Nautilus, AFS, Flex, Nebula, Strive, Cemco, Iron Grip.

Email or call John Boswell at (212) 588-9977 for more information on this Gym business for sale.


Asking Price Range:  $250K - $500K
Gross Revenues:   $600,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1997
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Full support and training.
Reason For Selling:  Relocation of Seller.

Print Listing Id: 70029293
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